Question

Should you have exclusive rights to your own intellectual property? Use the Normative ethics like Deontology and consequentialism to answer the question. (minimum word limit is 300 words)

Answer 1

Intellectual Property is a theoretically sophisticated work that defends a powerful and, for many, desirable middle-ground thesis. As more and more of society’s valuable assets come to be incorporeal and intangible, this function will more and more come to be served by the species of property we call IP. So in constructing a viable theory of property, it makes sense to start with IP, or at the very least to include it.Intellectual property refers to creations of the mind: inventions;,literary and artistic works, and symbols, names and images usedin commerce. Intellectual property is divided into two categories. Ie.

1) Industrial Property: It includes patents for inventions, trademarks, industrial designs and geographical indications. 2) Copyrights: It covers literary works (such as novels, poems and plays), films, music, artistic works (e.g., drawings, paintings,
photographs and sculptures) and architectural design. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and broadcasters in their radio and television programs.

Yes, we have right to own our Intellectual property rights are like any other property right. It allow creators, or owners, of patents, trademarks or copyrighted works to benefit from our own work or investment in a creation. These rights are outlined in Article 27 of the Universal Declaration of Human Rights, which provides for the right to benefit from the protection of moral and material interests resulting from authorship of scientific, literary or artistic productions.

The concept of property expresses a relationship between an entity and a rational free agent. Simply put, a piece of property is, as a conceptual matter.something that belongs to someone; there is no property not linked to some rational agent by the belonging‐to or ownership relation. If some entity p is properly characterized as “property,” then there is some rational agent A of whom it is true that A owns p—and this is part of what is expressed by the notion that p is property. An entity owned by no one is not property, though it might potentially be property if it is a kind of thing that can be owned. The concept of property has some normative content because the concept of ownership has some normative content