Question

In: Economics

Why is copyright the most important form of intellectual property protection on the Internet?

Why is copyright the most important form of intellectual property protection on the Internet?

Solutions

Expert Solution

Copyright has become one of the most important form of Intellectual property right as today's world is connected via internet. Most people, businesses, organizations, companies, trade, online shopping or any other entity is linked to the Internet. And thus, many Intellectual property (IP) are transferred by Internet. Before this one must know why copyright matters so much? Well, Copyright rights allows an entity to secure it's creation and innovation and thus it saves itself from duplicacy of work. In other words, if an entity has made it's own product and has launched it then no other entity can make the exact copy of it if it's secured under copyright rights.

Now, Copyright has become an issue for it's protection on the Internet because whenever a data is transferred on the internet, it moves through various links and networks. This itself is a major cause of copyright issue as it's the function of the Internet to copy every data that has been moved or transferred. This can be further misused by other entities to create anything of it's use. Usually works like artistic works, writing work, creative work such as music composition, movies, videos, etc are transferred in bulk on the Internet which again calls for it's attention towards Copyright rights. Thus many tangible and intangible products or services are moved on the internet. So many commercial trade takes place via internet these days that entities trading on the Internet are concerned about the copyright issue. Thus due to these reasons Copyright has become the most important form of Intellectual property protection on the Internet today.


Related Solutions

Conduct research on the Internet regarding copyrights and intellectual property. What is a copyright? What is...
Conduct research on the Internet regarding copyrights and intellectual property. What is a copyright? What is intellectual property? How are copyrights used to protect intellectual property? What are some of the ethical considerations surrounding intellectual property and copyrights? Do you think it is ethical to use software or intellectual property without paying for it? Why or why not?
Consider the case of intellectual property rights, such as the ownership of a copyright by an...
Consider the case of intellectual property rights, such as the ownership of a copyright by an author of a book. Would you characterize the copyright as a non-rivalrous good? However, is such a copyright also non-excludable? Justify your answer with economic reasoning
What are the pros and cons for Intellectual property and why is it is important for...
What are the pros and cons for Intellectual property and why is it is important for innovation.
Define and describe in detail the intellectual property, copyright, and pirated software with examples.
Define and describe in detail the intellectual property, copyright, and pirated software with examples.
What are Intellectual Property Rights? · Why are they important? · Why be concerned about IPR...
What are Intellectual Property Rights? · Why are they important? · Why be concerned about IPR on a global level? · What can or should firms do to protect their IPR?
·         What are Intellectual Property Rights? ·         Why are they important? ·         Why be concerned about IPR
·         What are Intellectual Property Rights? ·         Why are they important? ·         Why be concerned about IPR on a global level? ·         What can or should firms do to protect their IPR?
how to check check intellectual property right and Copyright number? CP45923430 is this the right format?
how to check check intellectual property right and Copyright number? CP45923430 is this the right format?
How have copyright, patent, and trademark laws govern the use of intellectual property online
How have copyright, patent, and trademark laws govern the use of intellectual property online
How could the level of protection of intellectual property rights influence the decision of investors to...
How could the level of protection of intellectual property rights influence the decision of investors to invest in a country? Give two examples to show how culture influences the way of doing business, or what can be bought and sold, across borders. Using one certain theory you have learned (of Smith, Ricardo, Krugman, Heckscher and Ohlin…), explain why free trade is a good thing that should be adopted by all countries in the world.
What is Intellectual Property (IP)? What kinds of tools are used to protect intellectual property? Why...
What is Intellectual Property (IP)? What kinds of tools are used to protect intellectual property? Why are there both good things and bad things about strictly protecting intellectual property? Explain and discuss examples.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT