Question

In: Economics

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

Solutions

Expert Solution

Copyright applies to work that is recorded in some way; rights exist in items such as literary, artistic, musical and dramatic work as well as films, sound recordings and typographical arrangements. It gives the author specific rights in relation to the work, prohibits unauthorised actions, and allows the author to take legal action against instances of infringement or plagiarism.

Copyright is an automatic international right, and excepting specific considerations for US citizens, a single registration with the UK Copyright Service ensures you have verifiable evidence of copyright ownership to help prove and protect your rights at a worldwide level. Immediate protection is available via the online copyright registration facility, while postal applications are typically processed in just a few days.

A trademark can be a name, word, slogan, design, symbol or other unique device that identifies a product or organisation.

Trademarks are registered at a national or territory level with an appointed government body and may take anywhere between 6 and 18 months to be processed.

Registering in countries such as the US, the UK, Japan, etc will protect your mark in that country only, but within the European Union, there now exists a Community Trade Mark (CTM) which covers the mark in all EU countries.

There is also the Madrid System that provides a facility to submit trademarks applications to many countries at the same time.

Registered trademarks may be identified by the abbreviation ‘TM’, or the ‘®’ symbol. (it is illegal to use the ® symbol or state that the trademark is registered until the trademark has in fact been registered).

In the US there is also a differentiation between marks used for products or services, with a classification called service-marks used for services, though they in fact receive the same legal protection as trademarks.

In most countries, the national patent office will also administer trademarks.

Patents apply to industrial processes and inventions, and protect against the unauthorised implementation of the invention.

Patents are grants made by national governments that give the creator of an invention an exclusive right to use, sell or manufacture the invention. Like trademarks, patents are registered at a national or territory level with an appointed government body. Patents typically take 2 to 3 years to be granted.

1. Don't File Patents

The most uncommon way to protect intellectual property is not to file patents. Filing patents provides the recipe of how a product or service can be created. Once a recipe is published, one can create a similar product with workarounds to not violate the intellectual property rights. The second method is to standardize the idea with a standards association, so that others are blocked from creating such an idea.

2. Run Lean And Fast

Innovation in the tech sector will always be prone to plagiarism. To some extent, that's what drives innovation's evolutionary jumps in such quick succession. Having relentless innovation cycles keeps your competitors constantly catching up. That does require your company to run like an Olympic runner

3. Avoid Joint Ownership

Make sure to avoid joint ownership of intellectual property at all costs. Joint ownership creates problems later on that could make it difficult to protect, hurting all parties involved

4.  Safeguard With Strong Access Control

Store manuscripts, creations and all ideas in a safe place that’s protected by an identity and access-management solution. With 81% of breaches being due to compromised credentials, it’s essential to store intellectual property on a system that uses adaptive authentication with risk analysis, or at least two-factor authentication. Passwords alone are obsolet


Related Solutions

With globalization, how has intellectual property, such as trademark been protected?
With globalization, how has intellectual property, such as trademark been protected?
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
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?
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.
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?
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?
Intellectual property laws are intended to promote innovation, but some economists, such as Milton Friedman, have...
Intellectual property laws are intended to promote innovation, but some economists, such as Milton Friedman, have argued that such laws are not desirable. In the United States, there is no intellectual property protection for food recipes or for fashion designs. Considering the state of these two industries, and bearing in mind the discussion of the inefficiency of monopolies, can you think of any reasons why intellectual property laws might hinder innovation in some cases?
Patent is one of the Intellectual Property Rights (IPR) granted to an individual or entity to...
Patent is one of the Intellectual Property Rights (IPR) granted to an individual or entity to claim a proposed new invention. Explain how patents can be a support for innovation in a business or business. Explain in detail.
Do you think that the intellectual property laws on the network (worldwide network) will become less...
Do you think that the intellectual property laws on the network (worldwide network) will become less important??? Do you think that could be a problem??
What we mean by Intellectual Property? What are types of intellectual property? Give examples. Show how...
What we mean by Intellectual Property? What are types of intellectual property? Give examples. Show how the new technologies and internet infringing the copyright? Explain what ‘Digital Rights Management (DRM)’ is and show how it utilized to protect the copyright.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT