And then, second idea would be using Rights of property. Of course, it look like the same with first part but it would focus on different problem in the law. It would be related to the tort. The tort was a problem which the company can’t avoid now. And, Tort often occurs almost as an established fact in this era of diversified competition and frequent vicious competition, so company’s intellectual property right would be more and more important because it would be most power weapon for firm when they want to have Infringement lawsuit with others. In others words, it would be the best way to fight back with “Thief” company. According to “Intellectual Property Right”, “The courts have started to grant compensatory damages in IP litigation and
…show more content…
According “Who Benefits Most From Intellectual Property Rights?”, The Africa News Service showed about “A recent issue of the Courier, the magazine of ACP-EU development, looks in some detail at intellectual property and especially at its contrasted implications for developed and developing countries. There is an underlying recognition that Intellectual Property benefits the industrially developed world more than lesser developed countries (LDCs). LDCs generally feel that the IP Rights cannot stimulate invention where the human and material capacity is lacking, and that the increased costs of what they buy penalises them.’ (2004) That’s mean the Developed country would get lots of benefit but the LDC would lose benefit. In my opinion, that would depend on the balance because the LDC would get the lower benefit as developed country could have. But that would be true because the technology support would get from the “developed country”. In other words, completed free was not happen on business. Developed country’s company gave technology support to LDC company for making money. The payment couldn’t be avoided. For example, the company may sign an agreement with other companies, and then it allow other companies to use their technology to make money. Of course they have to get benefits through technical support. That was the deal and didn’t inequitable problem. Of course, this is often used for non core technology
According “Who Benefits Most From Intellectual Property Rights?”, The Africa News Service showed about “A recent issue of the Courier, the magazine of ACP-EU development, looks in some detail at intellectual property and especially at its contrasted implications for developed and developing countries. There is an underlying recognition that Intellectual Property benefits the industrially developed world more than lesser developed countries (LDCs). LDCs generally feel that the IP Rights cannot stimulate invention where the human and material capacity is lacking, and that the increased costs of what they buy penalises them.’ (2004) That’s mean the Developed country would get lots of benefit but the LDC would lose benefit. In my opinion, that would depend on the balance because the LDC would get the lower benefit as developed country could have. But that would be true because the technology support would get from the “developed country”. In other words, completed free was not happen on business. Developed country’s company gave technology support to LDC company for making money. The payment couldn’t be avoided. For example, the company may sign an agreement with other companies, and then it allow other companies to use their technology to make money. Of course they have to get benefits through technical support. That was the deal and didn’t inequitable problem. Of course, this is often used for non core technology