Indigenous intellectual property

Utilitarian theorists generally endorse the creation of intellectual property rights as a means to foster innovation. The rights are permitted for a limited duration of time in order balance the social welfare loss of monopoly exploitation the protection of utilitarian works, particularly, technological inventions. Principally, the social value of utilitarian works lies in their ability to perform tasks (for example, a better can opener) or satisfy desires more effectively or at lower costs.…

The United States policy regarding trademarks, known officially as the U.S. Trademark Law, is incredibly important to the way American society functions on a daily basis. Not only does the law encourage competitive business, but it also plays an important role in both American culture and the legal system. A trademark is some type of symbol that points “distinctly to the origin or ownership of merchandise…and [is] legally reserved for the exclusive use of the owner” (in text). Oftentimes a…

The issues are (i) whether Eason and Faye are partners of FAE Music; (ii) whether they are liable for breach of contract with (a) studio musicians and (b) Andy, for (c) copyright infringement against Andy and (d) destruction of the recording equipment; and (iii) if yes, whether they can share the liabilities with Ringo. Partnership Faye, Adele and Eason signed a written agreement providing for each of them to share the business’ profits and defining their respective responsibilities in FAE…

Stop Bea! Do you know what you're doing? I bet you didn't know your deplorable online pirating habit affects everyone, including you! Although Australia has delayed releases of television shows and movies, this is no excuse for Australians being the world’s worst infringers of online copyright (Hayes, Alex, 2015). Bea: So what is copyright? It’s the legal right given to creators of original works to exclusively use or distribute their works for a limited time. It thereby provides creators of…

Q.no.1 The term Intellectual property (IP) is known as licensed or protected of one’s creativity or innovation that are fit for being protected under country law or worldwide treaties. Intellectual property protects drawing, movies music and other different creative and artistic works. The term Copy right alludes to the official right given to the holder for the assurance of their unique works like model drawing, movies sounds or in an alternate word Copyright can be utilized to keep one…

In my understanding, intellectual property rights (IPR) is the official rights, resulted from the intellectual activity such as industrial, scientific, literature, and artistic. Each country has laws to protect the intellectual property, and there are also two main reasons to protect that intellectual property. First is to give statutory expression to the moral and economic rights of creators in their creations and the public rights in access to those creations. Then, the second reason is to…

individual or corporation. According to Richard A. Epstein, in his book titled, “The Creators Own Ideas”, he suggests that since we have private rights in land for a community we therefore should have rights to protect the intellectual products of others. Furthermore, the intellectual products which are created for entertainment, education, or professional uses should not be replicated in which multiple versions would devalue the original. When an an artist or creator, creates a specific…

There is a lack of research examining the impact of TRIPS on capitalization levels of markets (DiVita, 2014) and causation of piracy in developed nations (Story, Darch, & Halbert, 2006). I am not suggesting that Intellectual property rights should be removed as an institution; it is vital, however, that IP monopolies are restricted and balanced, more in alignment with article 7 of the TRIPS agreement. There are many ways that this can be achieved, including, keeping prices…

today 's business world. Copyrighting a property strictly defines the ways for which it can be used. A copyright holder has rights to permit or allow specific usage of the copyrighted work. In today’s business world, when a company wants its property to go public, they have to make sure that their copyrights are properly protected, and all copyright requirements are met. It is forbidden to make changes to, and sell someone else property for commercial purposes. Copyright laws…

The registration of the trademark and franchise require legal procedures and fees. Trademarks are protected by the “Regulations and Systems of Commercial, Industrial, Literary, Artistic, and Musical Property in Lebanon” (1924 law). These are protected by the Paris convention and the Madrid agreement. The brand name Champs Company and its logo shall be registered and licensed by the Ministry of Economy and Trade. 3.3 Startup Costs and Type of Ownership The starts up costs encountered are the…