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How does an intellectual property right provide incentives for people to produce creative work?
Wiki User
∙ 10y ago
Although it's certainly true that many people happily create without feeling a need to protect or make money from their works, copyright provides people who are creating for a living with the opportunity to ascribe value to (and possibly derive an income from) their imagination and hard work. Possibly more than incentivizing creation to begin with, it allows creators to share their work with the rest of us, knowing we can't legally take it from them: if you knew your song would be immediately ripped off, you probably wouldn't be too keen to perform it.
Wiki User
∙ 10y ago
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Why do countries provide laws to protect intellectual property?
Because intellectual property is property. It is created and owned by individuals and sometimes businesses. People who produce intellectual property have a right to profit from it within certain guidelines and limits. Taking intellectual property and using it for profit without permission is stealing.
What is intellectual property protection?
A Copyright or Trademark registration is considered intellectual property protection. Itellectual property could be an idea, design, or concept, etc that the originator came up with themselves.
What is the importance of intellectual property rights?
Intellectual property protection is critical to fostering innovation. Without protection of ideas, businesses would not reap the full benefits of their inventions and would focus less on research and development. Similarly, artists would not be fully compensated for their creations and cultural vitality would suffer as a result.
Do you have to patent your computer systems in order to produce them and sell them to markets or does companies like Dell and HP do something different?
Patents are not required to sell a product, but if you have something unique and new, you may desire the protection that intellectual property laws offer.
Is sharpening a pencil a physical property?
Sharpness is a physical property. Sharpening is not a property, it is an action designed to produce a property.
Is reacts with oxygen to produce rust chemical property or physical property?
Chemical
What do you think of copyright?
Intellectual goods need to be produced just like physical goods. Some person must spend time and effort in creating them. If you take the intellectual good without the producer's consent you are reaping the benefits of someone else's efforts and are enriching yourself from that person's work. This is stealing. The fact that with intellectual property you are not deprieving the other person of the property itself does not make a difference here. You took what you couldn't produce on your own from the producer without his consent.This being said, the actual copyright law leaves much to desire. It doesn't protect producers of intellectual property but companies who can afford the legal process. This is quite contrary to the intent stated above. But the fact that current copyright laws don't protect intellectual property as much as would be desirable doesn't make it right to steal movies by downloading them. The test you should do is always ask yourself: Do I enrich myself from someone else's work? If yes, you are wrong - if not, go ahead.
Sentence with spur?
As the office manager, she used financial incentives to spur her employees to produce better results. Spur can be used as a noun or a verb.
Why do creators want to protect their intellectual properties?
Companies protect intellectual property because they hold the rights to them. Holding a patent means they have the rights to produce that item and prevent others from doing so. In other words, for the length of the patent, they hold a monopoly.
What quality of writing are you expected to produce in a timed essay assignment or exam?
Excellent, of course.
What are 0BIES from the outdoor advertising association of America marketing?
The OBIE Awards is the ad industry's oldest creative design. It recognizes agency design teams that produce outstanding creative outdoor campaigns.
What are the fragrances of the Estee Lauder Idealist perfume?
Perfume companies such as Estee Lauder do not publicly disclose the fragrances that are used in their perfumes. The reason that they do this is so that other companies cannot take these fragrances and produce the same perfume and sell it for a much cheaper price. Perfume companies regard this information as their intellectual property.
