Issues with Intellectual Property
What is Intellectual Property?
Intellectual Property is the product of the creation of mind such as artwork, music, inventions and designs. These types of property are protected by laws such as patents, copyright and trademark which prevent others from copying or stealing the creation.
information from:
http://www.wipo.int/about-ip/en/
information from:
http://www.wipo.int/about-ip/en/
So what is the issue?
- The main concern with intellectual property is when people violate the laws protecting intellectual property. People can easily violate these laws because it can easily be stolen since it is usually in digital storage and can easily be shared. this creates legal and economic issues. These can can sometimes be very damaging.
- Accidently infringing an intellectual property protected by copyright can lead to heavy fines which is another issue