Article by Bob Schuster
Intellectual Property (IP) is a collective term that intellectual creations or intellect, both commercially and artistically covered in nature.
There are two categories of goods, which includes the first creative works such as books, movies, music, painting, photography and software. These are protected by copyright, that the owner of copyright the exclusive right of adaptation or reproduction of works for a certain period of normal time control offer covered. The second category, which creates a “commercial” includes things known for industrial or commercial applications. Patents give the owner of the inventor and / or the patent right to exclude others from using the invention, provided that you pay a license (again, for a certain period). Marks a kind of intellectual property rights, are characteristics that reduce the confusion between similar types of products. “Intellectual Property Rights” includes, as a subset, industrial design rights, which protect the special appearance, design, form, style or design of industrial objects of various types of violations, such as copying, for example, cloning, or falsified . Another type of intellectual property is a trade secret, that is, private information that would normally confidential commercial products or business practices. The disclosure of trade secrets to the public without permission is illegal in most countries. A brief history lessonIf creators of intellectual property not protected, would hardly have an incentive to have further researched and developed products for public use, and tend to things secret. Therefore, the economic growth in industrialized countries largely dependent on the protection afforded inventors, writers and artists intellectual property laws. According to some economists, some 60 to 70% of large U.S. companies on intangible assets. More importantly, the recent findings of a study group of the UN, has found that “positive correlation” between the law of intellectual property and the subsequent strong economic growth. Of course, the correlation is not causation, but the observation is very important. Obviously, the creation of a legal framework to protect intellectual property is an important step in the maturation of young economies, Pacific Coast and the countries of the former Soviet Union. In fact, intellectual property rights, in fact, simply a form of temporary monopoly that is enforced by the government, and subject to legal proceedings in the justice of government. The more mature perspective, and this is a nation and the economy, the roots better. good types of intellectual property rights
are usually so-called “non-rival” goods, ie goods that are used simultaneously by a number of persons confined, where the use of one person does not preclude or exclude its use by another person. On the other hand, are “rival” goods such as clothing, used by one person at a time. As an analogy, any number of people is a mathematical formula or a cake recipe to use simultaneously. This explains some of the objections against the concept of “intellectual property”, as some lawyers say that the term “property” can only be applied to competing products, or you can not “own” property of any kind
Because ” non-rival “goods can be copied, for example, by many people at once – in economic terms,” produced at zero marginal cost “- creators have no incentive at all stages of such works. Of course, monopolies have their own shortcomings, as some manufacturers to increase prices or production costs by not “maximized” for welfare recipients. The intellectual property system is therefore best used as a trade-off, an intention that the interests of the company’s monopoly in the creation of non-rival good balance thoughts. In other words, to promote IP development structures research, development and creation of new things, new products, new ideas and new processes. Making these commitments and the strategy of intellectual property issues, such as industry or even a nation is a daunting task. The best hope we have is that a series of judicial decisions and entrepreneurial track a path through the confusion. Meanwhile, it is important to remember that the current framework does not set in stone, and is subject to subtle and dramatic changes. The best advice for those who is in this environment, have a good lawyer, note the IP Court decisions and all documents – that shape research, decisions, recommendations, and finally a complete list of intellectual property continues in the U.S. and take on around the world.