An overview of intellectual property rights and how they affect businesses.
Written in 2006; 1,270 words; 6 sources; MLA; $ 43.95
Paper Summary:
Several countries, while ratifying the agreement with regard to establishment of the World Trade Organization, also ratified the inherent Agreement on Trade Related Aspects of Intellectual Property Rights. The paper shows that intellectual property rights can conveniently be divided into two main fields - copyrights (or rights related to copyright) and industrial policy. The paper explains that the safeguard of intellectual property is considered as a crucial factor for economic growth and advancement in the high technology sector; they are beneficial to business and assist the public as a whole. The paper shows, however, that several problems arise from the enforcement of intellectual property rights particularly with regards to ownership of information. These include copyrights, patents, trademarks, trade secrets, design rights and plant breeders' rights for which an alternative has to be found.
Paper Outline:
Abstract
Intellectual Property Rights
What are Intellectual Property Rights?
What National and Global Directives Govern their Enforcement?
What are the Implications for Business?
What Can/Should be Done?
References
From the Paper:
"The intellectual property rights have been guaranteed by law and can conveniently be transferred, sold, authorized for rent and in some nations even mortgaged, in much the same way as physical property particularly real property. However, the rights have some confinements incorporating the limitations and other considerations of issues like their contradiction with the fundamental rights and the codified provisions in force. The legal issues involving intellectual property rights have two dimensions."
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