Intellectual Property - Study Notes

Intellectual Property - Study Notes - Tuesday INTELLECTUAL...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Tuesday, February 28, 2012 INTELLECTUAL PROPERTY Property : is the right to ownership or to stuff What’s intellectual? Its materials vs. ideas (patents, copyright, trademark , music etc) Big question to intellectual property: who has rights to ideas? - Creativity - Music - Books - TV - Internet - Film - Design (architecture blueprints) Developed World - We are losing out manufacturing base to China, India etc… - Non-manufactured is moving to the manufacturing world o Services 70% o Goods 20% o Primary Sector (agriculture) 10% Structure Intellectual Property Law to the inventor why? 1) Individual reason: inventors deserve to have ownership 2) Social reason: eliciting further inventions and there is the incentive to have ownership - Some people believe that this thought is a mistake - That new knowledge should be socially owned - Argument: Individual Reason o To what extent should they have ownership to a certain “invention” o Inventors depend heavily on social inputs (banks funding money, pre-existing knowledge) so society should be entitled to some output (money) - Social Reason o Are there negative consequences to the current system? o Two examples: 1) alternative energy 2) pharmaceuticals o 1) Oil and gas companies own all of the alternative energy Unintended, perverse consequence of I.P system Oil and gas buy ownership the inventor’s invention for a sum of money Alternative energy can be used for future generations, but because the oil and gas
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern