Intellectual Property

INTELLECTUAL PROPERTY

Is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized under the corresponding fields of law.

Currently, particularly in the United States, the objective of intellectual property legislators and those who support its implementation is "absolute protection". "If some intellectual property is desirable because it encourages innovation, they reason, more is better. The thinking is that creators will not have sufficient incentive to invent unless they are legally entitled to capture the full social value of their inventions.

Objectives

- Financial incentive: These exclusive rights allow owners of intellectual property to benefit from the property they have created, providing a financial incentive for the creation of an investment in intellectual property, and, in case of patents, pay associated research and development costs.;

- Economic growth: One is to give statutory expression to the moral and economic rights of creators in their creations and the rights of the public in access to those creations. The second is to promote, as a deliberate act of Government policy, creativity and the dissemination and application of its results and to encourage fair trading which would contribute to economic and social development.;

- Morality: Everyone has the right to the protection of the moral and material interests resulting from any scientific, literary or artistic production of which he is the author.

Art, books, inventions, magazines, movies, music, performances, reports, software, stories, and trademarks are all examples of intellectual property and can represent a substantial investment of resources and talent. Intellectual property can be protected by a copyright, patent, trademark or treated as a trade secret, and some intellectual property can be covered by multiple kinds of protection. Piracy is a theft of intellectual property - in other words, stealing what does not belong to you.

WIPO

The World Intellectual Property Organization (WIPO) is the United Nations agency dedicated to the use of intellectual property (patents, copyright, trademarks, designs, etc.) as a means of stimulating innovation and creativity.