The role of Intellectual Property Essay Example | Topics and Well Written Essays - 1000 words

The role of Intellectual Property - Essay mannikinA copyright establishes ownership f original prepares f authorship fixed in any actual long suit f expression. A copyright applies to the expression f an idea, whether published or not. Once an original work is created and fixed, copyright exists.The idea f the author is not protected when it is skilful in his or her head. The authors work must be fixed in a tangible medium f expression. For example, it tin can be handwritten or typed dictated into a tape recorder acted pop out in front f a video recorder carved into clay, wax or pitfall stored on a calculating machine chip or even woven into fabric.Once the authors original work is created and fixed, only the author or those the author permit may create other works ground on the original. The author alone may authorize distribution, display or per constituteance f his or her work. In order to make money by allowing others to use their work, the author should first consider obtaining copyright registration.The following examples are items that can be copyright. Examples include books, poetry, plays, short stories, articles, comic books, musical compositions (words and/or music), phone and video recordings, choreographic works, pantomimes, motion pictures, filmstrips, TV programs, photographs, paintings, drawings, prints, maps, architectural plans, scale models, sculpture, craft works, jewellery designs, fabric designs, computer programs and data-bases.Firstly, copyrights protect ... Their works are protected for a minimum period f 50 historic period after their death (The WTO, 2004). The master(prenominal) purposes f copyrights are to encourage and reward creative work.This brings us to industrial Property Law, which as we have said, is divided into 2 categories. The first are is described as the security department f distinctive signs, i.e. Trademarks. This type f protection is aimed at ensuring fair completion, but it also protects the consumer b y enabling him to choose between various products. This type f protection differ form copyrights in that it lasts inde limitedly (The WTO, 2004).The second type f industrial shoes protection can be fundamentally being called patents. This type f protection is used to stimulate the innovation and design f in the altogether technology. It basically protects the investments made to develop new technology. Patent protection is usually given in finite terms, mainly about 20 years (The WTO, 2004).This then brings us to the reason why IPRS are so important in GPE. IPRS protect the investments that firms and nations make in the development f knowledge and technology. This means that if nations and firms can keep others form just using their inventions it can generate enormous wealth for them. Intellectual property rights have thus become a major international issue enjoying much attention form bodies like the WTO and nations owning major patents.In GPE, one can as always use the three mai n perspectives f GPE, Liberal, Mercantilist and Structural, to view the IPRS issue.If we look at the Liberal perspective, we can see that they see property rights as essential to a market economy (Balaam, D.N. & Veseth, M. 2001, p.214). It establishes a link between effort and reward. They believe that