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Essay / Research Paper Abstract
This 4 page paper considers the concept and protection of intellectual property in order to assess whether it is a good and beneficial concept or one that has too many negative aspects and should be abandoned. The bibliography cites 6 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEIPboon.rtf
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Unformatted sample text from the term paper:
in an economy. Intellectual property is an intangible form of property that consists of, or is created as a result, of human knowledge. Examples of intellectual capital include software; ideas
and concepts such as recipes, works of literature and music, and artistic performances (WIPO, 2009). Many intellectual property items are protected with the use of patents, copyrights, and trademarks (WIPO,
2009). The increased attention that has been brought to these areas has been the result of practices such as piracy, and with the limits that these protections in place in
the way intellectual property is used is we can consider when this is a concept and a tyoe of property protection that is a boon or a bane There are
certainly arguments that support the concept and protection of intellectual puppetry. The concept itself may be relativity recent, but the protection can be seen going back many centuries, as demonstrated
with the development of patents. A patent is a "privilege granted to the first inventor of an invention" (Ivamy, 2008; 195). This serves to give the inventor the sole rights
over the invention they have developed so that they can profit from that invention. Patents go back many centuries, and were original granted by the monarch in a letter, these
Letters Patent were a proclamation made by the crown that the bearer would have authority of the crown to undertake whatever the specifications were within the letter. Historically the earliest
patent recorded is that in 1331. This was to a weaver who was Flemish and came to England (Hart and Fazzani, 2007). The main purpose at the time appears to
be to encourage the conducting of trade rather than to protect new inventions (Hart and Fazzani, 2007). Therefore there was a very early realization that there would be economic benefits
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