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Intellectual Property vs Physical Property

In: Computers and Technology

Submitted By angelojc
Words 529
Pages 3
Intellectual property differs from physical property Tangibility- You don’t have control over physical item Excludability- You can’t exclude others from use Non-rivalrous consumption- You can still use it even if stolen

Purpose of IP is to encourage progress by giving ownership rights to owners for their discoveries
Western IP is an INCENTIVE MECHANISM -what other ways can people be encouraged to innovate?

3 Major Justifications For IP Rights Utilitarian- incentive to promote common good (Thomas Jefferson) Economic- takes effort and doesn’t worsen anyone (John Locke) Moral-Authors have moral right toput themselves into work (BerneConvention)

Publishers of information have moral right to claim ownership of their work and protect it from deformation, mutilation, or other modification

Cases Against IP Rights * Why should one person have the rights to posses and use information when that information can be used in many places at once and not be consumed? * People pirate b/c they believe restricted access to information is unjustified

Types of Rights
Copyright: protects expression
Applies to Literary works, Musical, pictoral, graphic, scultural, motion pictures, sound recordings, architectural, computer software Five Rights
1.Right to reproduce 2. Right to adapt it or derive other works 3. Right to distribute copies 4. Right to display publicly 5. Right to perform publicly
Also Restricted
-You can’t copyright an idea, only your expression of it (ex.Einstein can copyright his article explaining general relativity, but he can’t copyright the ideas that make up the theory)
-Copyrights expire. 70 years after author’s death or 95 after publication
-Once you purchase an expressive work, you have the right
-Allows for limited use from users without permission from publishers

Patents: Useful, new ideas
-Grants...

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