Critics argue that no one person has the right to all

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seconds whereas limiting their access would force them to take a lot of time to find information on a certain topic. Critics argue that no one person has the right to all the rewards of a concept. Critics argue that laws protecting intellectual property prevent progress and that public interest is harmed by ever-expansive monopolies in the form of copyright extensions, software patents, and business method patents. Critics also argue that allowing property rights in ideas and information creates artificial scarcity and infringes on the right to own tangible property. If every idea had a law protecting its intellectual property, it would be much more difficult to build, produce, and create items because fees would have to be paid to the original inventor and there would be a huge process in being granted the right to create this product. Proponents of laws protecting intellectual property believe they spur innovation. Without the ability to just outright copy or make an alternate version of a product would force people to think more about what they can create. They believe it accelerates growth and provides greater choice to consumers. Proponents believe there are incentives afforded to the creator and they should be granted a fee from those who wish to manufacture their inventions or publish their works. For example, a patent is an exclusive right for an invention denying the ability of others to commercially replicate the product without the owner’s consent and it offers recognition and a reward for their creativity. IV. The different types of intellectual property protected by the law Types of intellectual property include copyrights, trademarks, patents, and registered design. Copyright is a
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Christopher Reinemann
"Before using Course Hero my grade was at 78%. By the end of the semester my grade was at 90%. I could not have done it without all the class material I found."
— Christopher R., University of Rhode Island '15, Course Hero Intern

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