Nobody downloaded yet

Intellectual property- Business Policies and Business Law - Essay Example

Comments (0) Cite this document
Summary
Intellectual Property: Business Policies and Business Law Intellectual Property: Business Policies and Business Law Introduction Intellectual property is a broad and complex term that generally refers to specific intangible creations of an individual’s mind…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Intellectual property- Business Policies and Business Law
Read TextPreview

Extract of sample "Intellectual property- Business Policies and Business Law"

Download file to see previous pages In some jurisdictions, copyright, patents, trademarks, trade secrets, and industrial design rights are also considered as common intellectual properties. This paper will discuss the business policies and needs regarding the creation and protection of intellectual property. Intellectual Property (IP) policies or laws As stated above, IP can be referred to an intangible form of property and it is entirely different from a personal property or real property. Knowledge and innovations have great roles to play in improving organizational performance. Nowadays, people recognize products in terms of brand names and hence companies give major focus on the promotion of their brand names. As Bagley and Dauchy (2011, p. 492) point out, individuals are given certain exclusive rights for the preservation of their intellectual property because governments and other legal bodies believe that the intellectual property rights would encourage the creators to make further innovations that may benefit the society as whole. For instance, recently Samsung and LG jointly paid $964 million to Kodak in order to settle the intellectual property law infringement battle. Similarly, Kodak has also filed a suit against Apple’s iPhone and RIM’s Blackberry for the breach of patent laws. The extent of protection and enforcement of intellectual property rights largely varies from country to country. ...
Both common law and statute play a significant role in the IP law relating to the creation and protection of intellectual property. Trade secrets are established on the strength of common law. In order to protect those trade secrets, both contract law and tort law provides certain legal options. Since trademarks, patents, and copyrights are under private ownership for a restricted period of time, specific statues are concerned with the creation and serving of such concepts. Similarly, artistic works such as books, photographs, paintings, and movies are subjected to copyright law. It is observed that businesses most often take advantages of trademark and patent laws since they are the primary beneficiaries of the protected property’s commercial value. US Constitution and Congressional legislature is the major institution responsible for the governance of copyrights and patents whereas state and federal laws are concerned with dealing with trademarks and unfair competition disputes. Since patent law is a very complicated and broad one, several adjustments are made to patent law according the nature of breach of contract. Most areas of the international IP law are governed by the federal as well as international treaty laws. The significance of protecting intellectual property was firstly expressed in the “Paris Convention for the Protection of Industrial Property in 1883 and the Berne Convention for the Protection of Literary and Artistic Works in 1886” (Understanding copyright and related rights). Industrial property and copyright are the two broad classifications under the concept intellectual property. Industrial property is ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Intellectual property- Business Policies and Business Law Essay”, n.d.)
Retrieved from https://studentshare.org/business/1429057-intellectual-property-business-policies-and
(Intellectual Property- Business Policies and Business Law Essay)
https://studentshare.org/business/1429057-intellectual-property-business-policies-and.
“Intellectual Property- Business Policies and Business Law Essay”, n.d. https://studentshare.org/business/1429057-intellectual-property-business-policies-and.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Intellectual property- Business Policies and Business Law

Intellectual Property Law

... is an Advantage Unfair? European Intellectual Property Review 9, 551-558 Ipo.gov.uk. (2011). Manual of Patent Practice. [online] available from www.ipo.gov.uk/practice-sec-125.pdf >[ accessed 8 January 2012] MacQueen H L, Vaelde C & Laurie GT. (2011). Contemporary Intellectual Property: Law and Policy. Oxford: Oxford University Press Marks & Clerk UK. (2011), Germany Falls into line or Claim Construction. [online] available from [accessed 8 January 2012] Murdie A. (2000) Q&A on Intellectual Property Law. London: Routledge Taylor & Francis Group Roncaglia P L & Sironi G E. Trade Mark Functions and Protected Interests in the Decisions of the European Court of Justice. Trade Mark... with the statement that here remains an unarticulated bias...
11 Pages(2750 words)Essay

Intellectual property law

...own intellectual creation and consider whether or not this is a suitable criterion for removing the practical difficulties for requiring originality in the protection of copyrighted material. Part II: Concepts of Originality in Copyright Protection:This part of the paper examines concepts of originality and in particular factual and conceptual definitions of creativity, “uniqueness” and “novelty” factor into the requirement of originality in copyright protection. This conceptualization of creativity is juxtaposed against the requirement that the copyright material is original in the sense that it does not copy the work of another.7 Part III: Originality in UK Copyright Law. This part of the paper...
3 Pages(750 words)Essay

Intellectual Property Law

...Law. New York: Taylor & France. Hart T (2008) Intellectual Property Law: Law Masters series (5th) London: Palgrave Macmillan Holyoak and Torremans (2010) Intellectual Property Law Sixth Edition. Oxford: OUP Jones Hugh, Jones Hugh, Benson Christopher& Christopher Benson. (2006). Publishing Law. London: Taylor& Francis MaQueen (2010) Contemporary Intellectual Property Law and Policy second edition. Oxford: OUP Sparrow, Andrew Peter (2009). The Law of Virtual Works and Internet Social Networks, London:...
9 Pages(2250 words)Essay

Intellectual Property Law

...? UNDERGRADUATE/POSTGRADUATE DEGREES WORK FRONT SHEET Details to be completed by the Module Leader/ Internal Examiner MODULE Intellectual Property Law MODULE CODE: LECTURER: ISSUE DATE: 26th September 2011 HAND IN/PRESENTATION DATE: 13th December 2011 Module: Intellectual Property Law Part A: Response Trevor’s Rights under the Patent Intellectual property is a subset of law dealing with protection of certain rights congruent to development of original works. Many individuals invent and innovate particular ideas, designs, and products hence the need to have some protection curbing any...
12 Pages(3000 words)Essay

Business Organization, International Business Law and intellectual Property Law

...Teacher’s 19 December Business Organization, International Business Law and intellectual Property Law Section I have always thought of initiating a business in Western Region. In my views that region has a good market for almost everything. People are well aware of latest fashion, style and trends over there. That is why it will be really easy to capture a huge market in that region. I am fond of good clothing and I want to see everyone well-dressed and dapper. Therefore, I want to start my own business of garments to give people chic style and trendy outfits to wear and enhance their outlook in all...
8 Pages(2000 words)Coursework

Intellectual Property Law

...most valuable assets. Medical Device Technology, 16(3), p.30. Jaffe, A., Newell, R. & Stavins, R., 2003. Technology Policy for Energy and the Environment. In NBER Innovation Policy and the Economy Meeting 15 April. Lee, B., Iliev, I. & Preston, F., 2009. Who Owns Our Low Carbon Future? Intellectual Property and Energy Technologies, Chatham House. Menton, S., 2004. Placing IP management at the heart of a business. Les Nouvelles, 39(September), pp.112–116. Palfrey, J., 2011. Intellectual Property Strategy (MIT Press Essential Knowledge), Cambridge, MA: The MIT Press. Reichman, J. et al., 2008. Intellectual...
8 Pages(2000 words)Essay

Exploring Your Intellectual Property Policies

..., among other things, towards abidance by copyright laws, intellectual property rights and data ownership and privacy laws. Copyright and intellectual property laws are, whether on the global or the national levels, uncompromisingly strict. As may be inferred from Canis' (2003) discussion, this body of law identifies intellectual property, inclusive amongst which are non tangible objects such as product designs, as goods which are owned by their inventor(s)/designer. As with all goods, they are protected against theft and subsequent unlicensed exploitation. Software...
4 Pages(1000 words)Essay

INTELLECTUAL PROPERTY LAW

...Running Head: INTELLECTUAL PROPERTY LAW Intellectual Property Law of the of the Intellectual Property Law Question 1. “The lawsuit of Viacom International against YouTube has not been decided yet. However, it is clear that companies like YouTube that present user generated- content should not be allowed to continue with their current policy, where they are able to generate enormous profits from the availability of such content on their websites, while right holders in the presented material end up with nothing.” Critically discuss. (800 words) It is true that companies...
20 Pages(5000 words)Essay

Business Law - Intellectual Property Rights

...Business Law Intellectual Property Rights The enforcement and development of intellectual property rights has so far met many moral, logistic, and technical hurdles. The debate ensues concerning the nature the laws should assume and the channels through which authorities should implement them. The obvious clash between some of the current intellectual property rights and conventional property legislations fuels the debate on intellectual property laws. Effective legal frameworks are yet to come of age, especially for the...
5 Pages(1250 words)Research Paper

Intellectual property project ( Business and Commercial law )

...INTELLECTUAL PROPERTY Learner’s Institute Introduction The invention of new products or production ideas emerges as a result of the creativity of a person(s). Once the new invention is in the market, there emerges a need to protect unauthorized copying of the product or idea. The law that protects a person’s invention such as trademark, patent among others is defined under the intellectual property protection laws. As defined by (Groves, 1997), an intellectual property refers to anything that a particular person(s) has full rights to its ownership. The intellectual...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Intellectual property- Business Policies and Business Law for FREE!

Contact Us