Protection Of Intellectual Property Rights - 1320 Words

The Intellectual Property Department was put in place in 1990 to ensure some sort of protection when it comes to intellectual property rights. â€Å"Protection of intellectual property rights protects creativity. The efforts of writers, artists, designers, software programmers, inventors, and other talents need to be protected in order to create an environment where creativity can flourish and hard work can be rewarded.† (IP in Hong Kong, China). Hong Kong is full of creativity and innovation so that their intellectual property rights are greatly protected. Even though they are for freedom of intellectual property rights, it only pertains to ideas and creations that are beneficial to social growth and prosperity. â€Å"To balance the interest of intellectual property rights owners and the society as a whole, while a pharmaceutical invention may be protected by patent registration, a special medical treatment of a disease is not protected.† So a person could use that inv ention to perform surgery or diagnosis because it is relevant to the health of society and appealing to the human needs. Investors can be guaranteed protection for intellectual property because it is something Hong Kong takes seriously and needs so that their economy can grow. Ultimately, Hong Kong and China’s goal is to have the highest protection of intellectual property in line with â€Å"international standards†, which can give some peace of mind to future investors knowing that if they were to bring an idea to HongShow MoreRelatedLegal Protection And Intellectual Property Rights1175 Words   |  5 PagesIntellectual property is defined in the World Intellectual Property Organization (WIPO) as the creation of the mind. According to WIPO the work does not have to be literary in order to be protected. Names, images, symbols, designs..etc. are all protected. Intellectual property rights are mentioned in article 27 of the universal human rights act that gives the inve ntors and creators to benefit from their work. Those rights are obtained through registering patents, trademarks, and copyrights. ThereRead MoreIntellectual Property Rights : An Analytical Study Essay998 Words   |  4 PagesINTELLECTUAL PROPERTY RIGHTS – AN ANALYTICAL STUDY IN THE INDIAN CONTEXT Abstract Intellectual property rights are the rights given to persons over the creations of their minds. These rights make the creator/ inventor as the owner of the product/work. IP protection is intended to stimulate the creativity of the human mind for the benefit of all by ensuring that the advantages derived from exploiting a creation benefit the creator. This will encourage creative activity and allow investors in researchRead MoreThe Beginnings Of Intellectual Property Rights1630 Words   |  7 Pages Beginnings of Intellectual Property Rights Intellectual property rights will remain a part of international trade agreements in the future, but the global activity will likely be characterized by varying standards and improved enforcement, reflecting evolution in social, cultural and political attitudes, and a deeper understanding of the relationships among innovation, creation and the more efficient distribution of intellectual property. Increased cooperation might occur at the governance levelRead MoreIntellectual Property And Computing Technology1207 Words   |  5 PagesIntellectual Property through the development of computing technology Intellectual Property refers to any original creative work manifested in a substantial form that can be protected. When an intellectual property right is mentioned, it refers to controlling the manner in which intellectual property is used, distributed or accessed. The intellectual property right is enforced by the World Intellectual Property Organization which is an organ of the United Nations. The organization holds that intellectualRead MoreThe Protection Of Copyright : An Indispensable Part Of The Domestic And International Protection Essay974 Words   |  4 Pagesthe three most important aspects of intellectual property, copyright is an indispensable part of the domestic and international protection. As one of the earliest countries to be aware of the importance of the protection of intellectual property, the United States paid great attention to the protection of copyright. All the treaties and legislation are aiming at reaching the balance between the creators’ inter ests and the competitors’ rights. 1.Domestic protection 1.1. It can first been seen in theRead MoreProtection of Intellectual Property Essay1030 Words   |  5 PagesProtection of Intellectual Property Introduction There is a lot of controversy about intellectual property and its application to software. There are many difficult, fundamental questions that arise, such as exactly what aspects of a piece of software should be protected under copyright or patent. [5] Despite the fact that applying existing laws to software is not very straight-forward, some sort of legal protection for intellectual property is necessary, as it provides a significant amount ofRead MoreThe Effects Of Digital Media On The World Of Copyrights1531 Words   |  7 Pagesfamiliarity to intellectual property or copyright laws. When dealing with sources found digitally the laws become even more blurred and confusing; Copyright laws, traditionally, were intended protect authors and artists and physical mediums. Lawmakers’ struggle with copyright law is how to apply laws intended for one purpose to today’s high tech environment fast-paced environment. Laws are continuously being proposed and paced to stop pirac y and infringement of intellectual properties (Yearneau, 2010;Read MoreShould The Fair Use Doctrine Must Be Won And Defended On Intellectual Property Essay945 Words   |  4 PagesAccording to Intellectual Property Quotes (n.d.), â€Å"While American intellectual property deserves protection, that protection must be won and defended in a manner that does not stifle innovation, erode due process under the law, and weaken the protection of political and civil rights on the Internet† (Intellectual Property Quotes, n.d.). In this paper I will discuss the facts and legal reasoning of this case, what the Fair Use Doctrine is, and will answer the following: why it is important to protectRead MoreIntellectual Properties And Intellectual Property894 Words   |  4 Pages​What is intellectual property? What do you think of when you hear intellectual property? Can an idea or invention that exist in your mind be considered property? Yes, it can. Intellectual property is an inven tion or an idea that gives a person the exclusive rights to a product or a process. There are many types of intellectual properties like inventions, discoveries, artwork, and writings. Intellectual property can be stolen; someone can misuse it without permission. Violation of intellectual propertyRead MoreIntellectual Properties And Intellectual Property894 Words   |  4 PagesWhat is intellectual property? What do you think of when you hear intellectual property? Can an idea or invention that exist in your mind be considered property? Yes, it can. Intellectual property is an invention or an idea that gives a person the exclusive rights to a product or a process. There are many types of intellectual properties like inventions, discoveries, artwork, and writings. Intellectual property can be stolen; someone can misuse it without permission. Violation of intellectual property