final outline - 1. We have argued in class that we are now...

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1.We have argued in class that we are now in the midst of an intellectual property [IP] war. Do you agree? What are the contours and causes of the current IP battles? How might they be resolved? Intellectual property refers to creations of the mind for which property rights are recognized These include ideas that can be patented, trademarked, and copyrighted o Patent- for inventions, privilege knowledge of engineer over knowledge of tradition mechanic (for example cannot patent a scientific formula, however, can patent a machine that measures that specific formula) o Trademark- warrant of a good, example is the Nike swoosh o Copyright- for literary and artistic works, exclusive rights to reproduction Questioning whether intellectual property encourages or discourages the creation of ideas. How far can copyright and patent holders go in preventing others from taking their property? Intellectual property does not discourage the creation of all ideas in the sense that if there is no profit incentive why would people create inventions in the first place? However, there are also many ways in which intellectual property discourages innovation o One main problem is there is no “use it or lose it” rule with patents. An example of this is with pharmaceutical companies. Often times millions of dollars are spent on replicating a medicine that is already invented because the patent holder will not sell their idea o Also in terms of medicine, because it is patented the drug is expensive and, as a result, poor countries cannot afford the medicine. Specific example of this is in Africa. The AIDS epidemic is unable to be controlled
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This note was uploaded on 02/13/2011 for the course COMM 211 taught by Professor Traubaut during the Spring '08 term at University of Michigan.

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final outline - 1. We have argued in class that we are now...

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