In the broadest sense of the term, intellectual property means enshrined in the law a temporary exclusive right, and personal non-property rights of the authors, which are the result of intellectual activity and means of individualization. The legislation that defines the intellectual property rights, establishes authors’ monopoly on certain forms of use of the results of their intellectual and creative activity that, therefore, can be used by other persons only with the permission of the first.
If you encountered any problem in writing a research paper on intellectual property, use free sample research papers on the topic to get the idea that the notion of “intellectual property” often includes the laws on unfair competition and trade secrets, although they do not represent the matter of exclusive rights by their design.
In law, the phrase “intellectual property” is a single term, the words are not to be interpreted separately. In particular, the “intellectual property” is a distinct legal regime (or even a group of regimes), and is not, contrary to popular beliefs, a special case of property rights.
Intellectual property rights allow owners of intellectual property to benefit from property that was created by them, providing financial incentives for the creation of intellectual property rights and investment in it, and, in patent cases, to pay for research and development.
Development and protection of intellectual property throughout the world is implemented by the World Intellectual Property Organization (WIPO), founded in 1967, operating as a specialized UN agency on creativity and intellectual property since 1974.
WIPO assists signing new international agreements and modernizing national legislation, promotes administrative cooperation between the countries, provides technical assistance to developing countries and holds the services that facilitate the international protection of inventions, trademarks, and industrial designs. WIPO also includes the Arbitration and Mediation Center. Since 1999, WIPO provides dispute resolution services, arising out of the registration and use of the most common typical Internet domain names (.com, .net, .org). WIPO administers 21 agreement that cover basic aspects of intellectual property rights.
In accordance with article 27 of the Universal Declaration of human rights, “everyone has the right to protection of their moral and material interests resulting from any scientific, literary, or artistic production of which he is the author.” Although the relationship between intellectual property and human rights is complicated, there are moral arguments in favor of intellectual property.
Novelist Ayn Rand claims that protection of intellectual property is a moral issue. She is convinced that the human mind is in itself a source of wealth and survival, and that all the property it created, is intellectual property. Violation of intellectual property, therefore, no different morally from other property rights violations that jeopardized the process of survival and, therefore, is an immoral act.
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