Why Government And Law Makers Should Support Intellectual Property

1337 Words6 Pages
Intellectual Property
Omid Ashrafi
Nov 27, 2014
City University of Seattle
Abstract
This paper is clarifying intellectual property as one of most important keys in innovation and research. It is explaining why government and law makers should support intellectual property right, and also how far government should support intellectual property. Finally, it will mention the two main elements like religious and economy which is the red line for any government and lawmakers who support intellectual property.

Answer: Intellectual property is one of the most important keys in innovation and it should be supported by government under the curtain rules and regulation which is related to economy, culture, and religious to support
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(Schaffer, Augesti, & Dhooge, 2014).
Intellectual Property and Economy
Intellectual property is the main elements for economic growth and national competitiveness. President Obama mentioned that the United States of America must support intellectual property rights to be successful in an increasingly competitive international market which help the American people to meet their goals. It clearly shows that supporting of intellectual property by government completely related to economy because it has a direct relationship with innovation which is the main buddy in economy, and its benefits will effect to every single industries. In addition, Intellectual property is not just the final product of workers and companies but also it has positive effects to innovation of products, supplies, and commercial activities (U.S. Patent and Tred mark office 2012).
Moreover, Intellectual property needs to be supported by government because it is the most important keys in creating new jobs. According to U.S. Patent and Tred mark office (2012) the number of direct and indirect employment in technology industry are related to supporting of intellectual property right. Direct employment in related to Intellectual Property in technology industries was 27.1 million jobs in 2010 and indirect activities associated with these industries provided was 12.9 million jobs throughout the economy in 2010. It
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