Professional Documents
Culture Documents
SUBMITTED TO
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Protection of Intellectual Property
Md. Muzahidul Islam
Lecturer
Department of Management Studies
Faculty of Business Administration and Management
SUBMITTED BY
Group:
05 (liberty)
Level: 04; Semester: 01
Faculty of Business Administration and Management
International Business
Course code: MST-419
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Protection of Intellectual Property
PROTECTION OF INTELLECTUAL PROPERTY RIGHTS
LETTER OF TRANSMITTAL
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Protection of Intellectual Property
Date: June 03, 2009
Dear Sir,
Yours truly,
Group 05 (Liberty)
BBA
Level- IV Semester- I
Session: 2004-2005
Patuakhali Science and Technology University
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LETTER OF AUTHORIZATION
Dear Sir,
Yours truly,
Group 05 (liberty)
BBA
Level-IV Semester-I
Session: 2004-2005
Patuakhali Science and Technology University
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ACKNOWLEDGEMENT
Last of all, thanks to every members of this group. They put their
spontaneous endeavors and best effort to complete the report
successfully.
TABLE OF CONTENTS
[
Contents
Page no.
[
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Protection of Intellectual Property
Letter of transmittal
iii
Letter of authorization
iv
Acknowledgement
v
Executive summary
vii
[
CHAPTER: 1
[[[
CHAPTER: 2
ABSTRACT
01
HISTORY
03-04
Chapter 4
INTRODUCTION
08
INTELLECTUAL PROPERTY
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PATENTS
10
KNOW-HOW
10
COPYRIGHT
11
DESIGN
12
DATABASE RIGHT
12-13
TRADEMARKS
13-16
Patents
19-20
Designs
20-21
Database Rights
22
Trade Marks
23
Confidentiality
24
CRITICISM
27
REFERENCE
28
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EXECUTIVE SUMMERY
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INTRODUCTION
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Protection of Intellectual Property
To gather some knowledge about the rules and regulation
about intellectual protection.
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Step-6: with the above procedure we have completed the
report successfully.
The high officials are very busy in their work, so each and
every time we have face some problems gathering and
reporting the information’s.
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Protection of Intellectual Property
Although we face some limitation, we were trying our best to
overcome these complexities and provide information as far as
possible.
ABSTRACT
OBJECTIVES OF PROTECTING
INTELLECTUAL PROPERTY
Financial incentive
Technology diffusion
Technology diffusion occurs if intellectual property is licensed or sold, conversely
technology can equally be prevented from being shared, should the owner wish not to
sell or license.
Economic growth
The legal monopoly granted by Intellectual Property laws are credited with significant
contributions toward economic growth. Economists estimate that two-thirds of the
value of large businesses can be traced to intangible assets. Likewise, industries which
rely on IP protections are estimated to produce 72 percent more value per added
employee than non-IP industries. There is a positive correlation between the
strengthening of the IP system and subsequent economic growth.
However, correlation does not necessarily mean causation: given that the patent
holders can freely relocate. In some of the cases, the economic growth that comes with
a stronger IP system is due to increase in stock capital from direct foreign investment.
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Economics
Intellectual property rights are considered by economists to be a form of temporary
monopoly enforced by the state (or enforced using the legal mechanisms for redress
supported by the state).
Intellectual property rights are usually limited to non-rival goods, that is, goods which
can be used or enjoyed by many people simultaneously—the use by one person does
not exclude use by another. This is compared to rival goods, such as clothing, which
may only be used by one person at a time. For example, any number of people may
make use of a mathematical formula simultaneously. Some objections to the term
intellectual property are based on the argument that property can only properly be
applied to rival goods (or that one cannot "own" property of this sort).
Since a non-rival good may be used (copied, for example) by many simultaneously
(produced with minimal marginal cost), producers would need incentives other than
money to create such works. Monopolies, by contrast, also have inefficiencies
(producers will charge more and produce less than would be socially desirable).
The establishment of intellectual property rights, therefore, represents a trade-off, to
balance the interest of society in the creation of non-rival goods (by encouraging their
production) with the problems of monopoly power. Since the trade-off and the
relevant benefits and costs to society will depend on many factors that may be specific
to each product and society, the optimum period of time during which the temporary
monopoly rights exist is unclear.
HISTORY
Modern usage of the term intellectual property began with the 1967
establishment of the World Intellectual Property Organization
(WIPO).
The concept appears to have made its first appearance after the
French revolution. In an 1818 collection of his writings, the French liberal theorist,
Benjamin Constant, argued against the recently introduced idea of "property which
has been called intellectual." The term intellectual property can be found used in an
October 1845 Massachusetts Circuit Court ruling in the patent case Davoll et al. v.
Brown., in which Justice Charles L. Woodbury wrote that "only in this way can we
protect intellectual property, the labors of the mind, productions and interests are as
much a man's own...as the wheat he cultivates, or the flocks he rears." The statement
that "discoveries are...property" goes back earlier. Section 1 of the French law of 1791
stated, "All new discoveries are the property of the author; to assure the inventor the
property and temporary enjoyment of his discovery, there shall be delivered to him a
patent for five, ten or fifteen years." In Europe, French author A. Nion mentioned
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propriété intellectuelle in his Droits civils des auteurs, artistes et inventeurs, published
in 1846.
The concept's origins can potentially be traced back further. Jewish law includes
several considerations whose effects are similar to those of modern intellectual
property laws, though the notion of intellectual creations as property does not seem to
exist – notably the principle of Hasagat Ge'vul (unfair encroachment) was used to
justify limited-term publisher (but not author) copyright in the 16th century. The
Talmud contains the prohibitions against certain mental crimes (further elaborated in
the Shulchan Aruch), notably Geneivat da'at ( literally "mind theft"), which some have
interpreted as prohibiting theft of ideas, though the doctrine is principally concerned
with fraud and deception, not property.
The theory of intellectual property has not, until recently, attracted much
philosophical interest or been the subject of deep controversy. Utilitarian theorists
generally endorsed the creation of intellectual property rights as an appropriate means
to foster innovation, subject to the caveat that such rights are limited in duration so as
to balance the social welfare loss of monopoly exploitation. Non-utilitarian theorists
emphasized creators’ moral rights to control their work. With the increasing
importance of intellectual property in society and the development of particular new
technologies, most notably digital technology and the decoding of genetic structure,
the theory of intellectual property has attracted heightened interest. Economists and
policy analysts have greatly enriched our understanding of the complex relationship
between intellectual property protection and innovation and diffusion of technological
advances. Non-utilitarian theories of intellectual property have proliferated in recent
years, as philosophers and legal scholars have applied traditional and novel
philosophical perspectives to the realm of intellectual property. This article surveys
and synthesizes the deepening and widening theoretical landscape of intellectual
property. While much of the130 Intellectual Property: General Theories 1600
discussion transcends the law of any particular nation, the statutory and doctrinal
examples are drawn principally from the particularities of the Unites States
intellectual property regimes.
Grant and sealing of Patent: If there is, no opposition a patent shall be granted,
subject to such conditions as the authority thinks expedient, to the applicant, or in the
case of a joint application to the applicants jointly, and the Controller shall cause the
Patent to be sealed with the seal of the Patent Office.
Term of Patent: The term limited in every patent for the duration thereof is sixteen
years from its date and renewal is required after four years up to 15 years.
INTRODUCTION
The nature of IP
How you may create it?
How to protect it?
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Protection of Intellectual Property
How to use IP belonging to others safely?
How IP can be commercialized? and
The importance of confidentiality.
The nature of intellectual property is like an intangible asset. It helps the organization
to create a good image. In each and every country there is some rules and regulation
for the create and protecting intellectual property. In Bangladesh, the rules are in
written format. One may need to register to have intellectual property. Intellectual
property should be used in a safer manner. Each and every organization need a
separate entity of intellectual property for the protection and to compete in the
business. Intellectual property can be transferable by joint venture, franchising,
licensing etc. intellectual property need a greater degree of confidentiality. If there is
lack of communication and understanding then the confidentiality of intellectual
property will be in a high risk.
INTELLECTUAL PROPERTY
Intellectual property (IP) is legal property rights over creations of
the mind, both artistic and commercial, and the corresponding fields
of law. Under intellectual property law, owners are granted certain
exclusive rights to a variety of intangible assets, such as musical,
literary, and artistic works; ideas, discoveries and inventions; and
words, phrases, symbols, and designs. Common types of intellectual property include
copyrights, trademarks, patents, industrial design rights and trade secrets.
The majority of intellectual property rights provide creators of original works
economic incentive to develop and share ideas through a form of temporary
monopoly.
Although many of the legal principles governing intellectual property have evolved
over centuries, it was not until the late 20th century that the term intellectual property
began to be used as a unifying concept.
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Protection of Intellectual Property
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Figure 1: Relationship among the components of Intellectual Property
Patents
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Protection of Intellectual Property
Patents are, potentially, the most valuable type of IP. Patents protect inventions which
relate to a product or a process to make a product. They arise particularly from
research in medical, science, technology and engineering fields. Once a patent has
been obtained, it offers the owner a ‘monopoly’ right. This means that only the owner,
or someone else with the owner’s consent, can use the invention for commercial
purposes. Say you have thought of an invention for a new type of tea bag, which can
be used 50 times without losing any flavor!
This invention will be patentable if:
(1) it is not already public information anywhere in the world;
(2) it is inventive; and
(3) it is capable of industrial application (essentially any commercial, medical or other
practical use).
If you think your invention is potentially patentable it is essential that the details of the
invention are kept secret until the application for the patent is made. If you disclose
any detail of the invention before that the patent will be refused or be open to
challenge in the future if granted. Disclosure may include publishing in a journal,
presenting to students or even informing a colleague (who is not a fellow employee).
Know-How
Know-How is not IP as such but can be just as valuable. What is Know-How? Know-
How is technical information, knowledge and skill e.g. a procedure, a process, an
identifiable knowledgeable way of doing something. That information must be secret.
R&D projects and course-work can result in extremely valuable technical information
being created. The only way you can really protect your valuable Know-How is
through confidentiality.
Copyright
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Have you ever written a thesis, article, written up an experiment, drawn a diagram or
even recorded a presentation you have given on DVD? All can be protected by
copyright. There is also copyright in music, broadcasts, sound recordings, computer
software, photographs, films and typographical arrangements of published editions.
Copyright does not protect against 3D reproduction of items from industrial drawings
or plans (e.g. models created from blueprints). They are instead protected by design
rights or as registered designs. Copyright protects the form in which we express our
idea and not the idea itself. For instance, the copyright in the written words of a thesis
may belong to one person but the patent over the invention described in the thesis may
belong to someone else. Unlike a patent, there is no need to register copyright in the
UK; it arises automatically. All that is required is that the work must be original i.e.
not copied from another source. There are different periods of duration for copyright,
depending on the type of work. In respect of a written article, copyright would last for
the life of the writer plus another 70 years.
Literary works
Musical works
Artistic works
Films
Sound recording
Broadcasts
Derivative works
Published editions
Generally, copyright subsist during the life of the author plus 50 years after his death.
However, if a work has not been published during the life time of the author,
copyright in the work continue to subsist until the expiration of 50 years, following
the year in which the work was first published. In the case of a work with joint
authorship, the life of the author who dies last is used for calculating the copyright
duration of the work.
Designs
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Designs of or on 3-D objects can be protected by design rights which arise
automatically or they can be registered. There are different types – UK registered and
unregistered designs, and Community registered and unregistered designs.
Community registered and unregistered designs offer protection throughout the EU,
not just the UK. Each type is a little different in the criteria required for protection and
the level of protection available.
Database Rights
The Electronic Frontier Foundation (EFF) has serious policy reservations about the
extension of intellectual property protection to the contents of databases. Despite
some recent statements implying the contrary, U.S. law is clear on the status of
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Protection of Intellectual Property
database protection. Though copyright-like protection for facts and data within
databases has been considered in a variety of U.S. policy forums, it has been rejected.
In fact, such a policy would be a radical departure from traditional U.S. intellectual
property norms.
Trade Marks
A trademark or trade mark, identified by the symbols ™ (not yet registered) and ®
(registered), is a distinctive sign or indicator used by an individual, business
organization or other legal entity to identify that the products and/or services to
consumers with which the trademark appears originate from a unique source, and to
distinguish its products or services from those of other entities. A trademark is a type
of intellectual property, and typically a name, word, phrase, logo, symbol, design,
image, or a combination of these elements. There is also a range of non-conventional
trademarks comprising marks, which do not fall into these standard categories.
The owner of a registered trademark may commence legal proceedings for trademark
infringement to prevent unauthorized use of that trademark. However, registration is
not required. The owner of a common law trademark may also file suit, but an
unregistered mark may be protectable only within the geographical area within which
it has been used or in geographical areas into which it may be reasonably expected to
expand.
The term trademark is also used informally to refer to any distinguishing attribute by
which an individual is readily identified, such as the well known characteristics of
celebrities. When a trademark is used in relation to services rather than products, it
may sometimes be called a service mark, particularly in the United States.
It is difficult to avoid trademarks in day to day life. PEPSI, EASYJET, SHELL,
GINSTERS, BLUETOOTH, SELFRIDGES, FHM, HMV are all examples.
Trademarks denote the origin and the quality of the products they relate to. A well-
known trademark is often the most identifiable element of a successful product or
service. They will often make a customer prefer one product over another. Selecting
the trademark can therefore be crucial and so protection of it is fundamental. The most
successful brands are often those that are completely distinctive, e.g. KODAK.
Trademarks can be registered in the UK or throughout the EU and in other
countries/regions. They can also arise automatically if a mark has been used and has
consequently built a reputation. Unregistered trademarks are, however, more difficult
to enforce. If you can, it is always better to register. A registered trade mark needs to
be able to distinguish the goods or services of one person from those of another. It
must be:
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Protection of Intellectual Property
distinctive, e.g. “MARS” for chocolate bars;
it must not be descriptive of the goods or services to which it is applied e.g. you
cannot register ‘BOOTS’ for shoes; and
it must not be deceptive or contrary to public morality.
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Sale, transfer and licensing of trademarks
In various jurisdictions, a trademark may be sold with or without the underlying
goodwill, which subsists in the business associated with the mark. However, this is not
the case in the United States, where the courts have held that this would "be a fraud
upon the public". In the U.S., trademark registration can therefore only be sold and
assigned if accompanied by the sale of an underlying asset. Examples of assets whose
sale would ordinarily support the assignment of a mark include the sale of the
machinery used to produce the goods that bear the mark, or the sale of the corporation
(or subsidiary) that produces the trademarked goods.
Most jurisdictions provide for the use of trademarks to be licensed to third parties. The
licensor (usually the trademark owner) must monitor the quality of the goods being
produced by the licensee to avoid the risk of trademark being deemed abandoned by
the courts. A trademark license should therefore include appropriate provisions
dealing with quality control, whereby the licensee provides warranties as to quality
and the licensor has rights to inspection and monitoring.
Limits and defenses to trademark
Trademark is subject to various defenses and limitations. In the United States, the fair
use defense protects uses that would be otherwise protected by the First Amendment.
Fair use may be asserted on two grounds, either that the alleged infringer is using the
mark to describe accurately an aspect of its products, or that the alleged infringer is
using the mark to identify the mark owner.
An example of the first type is that although Maytag owns the trademark "Whisper
Quiet", makers of other products may describe their goods as being "whisper quiet" so
long as these competitors are not using the phrase as a trademark.
An example of the second type is that Audi can run advertisements saying that a trade
publication has rated an Audi model higher than a BMW model, since they are only
using "BMW" to identify the competitor. In a related sense, an auto mechanic can
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Protection of Intellectual Property
truthfully advertise that he services Cadillacs, and a former Playboy Playmate of the
Year can identify herself as such on her website.
Protecting IP
What can I do to help protect any IP, which I create?
Copyright
There are no special formalities required to protect our work in the UK. This is not
always the case in other countries. The good thing about copyright is that it arises
automatically and it is free! However, as there is no register to refer to, this sometimes
makes it difficult to prove ownership. Some practical tips to help overcome this and
protect copyright are set out below:
Practical tips
Keep all originals of your copyright work such as notes, drafts,
sketches, drawings, videos etc. in a secure place.
Record the date you created the copyright work: a good way to do
this is put the work in an envelope, post it to yourself or
somebody independent, such as a solicitor, and leave the envelope
unopened. The postal stamp can be used to demonstrate the date
before which it had been created.
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that someone has copied your work if their work also includes the
same mistake or anomaly.
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Patents
Some practical tips to help protect your inventions, including how to register a patent
are set out below:
Practical tips
If you come up with a new invention, is it patentable? Consider
whether your invention has been previously disclosed – e.g. look
at existing patents, key word searches.
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The Intellectual Property Office will perform a preliminary
examination and search of the application to ensure the
invention is new. The Intellectual Property Office would then
send out a detailed search report and the application will be
filed. However a full examination is then required during which
the Intellectual Property Office will decide whether the
application can be granted. This is a long, painstaking progress
which can take 2 to 3 years.
Patent protection means that the invention cannot be commercially made, used,
distributed or sold without the patent owner’s consent. These patent rights are usually
enforced in a court, which, in most systems, holds the authority to stop patent
infringement. Conversely, a court can also declare a patent invalid upon a successful
challenge by a third party.
Designs
Some practical tips to help protect your designs are set out below:
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Protection of Intellectual Property
Practical tips
Keep all originals of your design drawings, sketches, samples,
models and prototypes.
Record all dates of creation and the dates when you may have
disclosed the design, e.g. at a trade fair or in any publication.
When an industrial design is protected, the owner – the person or entity that has
registered the design – is assured an exclusive right against unauthorized copying or
imitation of the design by third parties. This helps to ensure a fair return on
investment. An effective system of protection also benefits consumers and the public
at large, by promoting fair competition and honest trade practices, encouraging
creativity, and promoting more aesthetically attractive products.
Database Rights
Some practical tips to help protect your database rights are set out below:
Practical tips
Keep all your notes, records of telephone conversations and
meetings, e-mails, contact details and other correspondence that you
used to collect and compile the information contained in your
database.
Keep all your working drafts and original copies of your database in
a secure place. If stored electronically ensure it is password
protected.
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Record the date when you created the final database: again, a good
way to do this is to put the work in an envelope unopened.
Trade Marks
Some practical tips to help protect your trademarks are set out below:
Practical tips
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Have a look on the Trade Marks section of the UK Intellectual
Property Office website. Click on Trademarks and then ‘By
mark text or image’. You can then have a look to see if there are
any similar or identical trademarks already registered.
Almost all countries in the world register and protect trademarks. Each national or
regional office maintains a Register of Trademarks, which contains full application
information on all registrations and renewals, facilitating examination, search, and
potential opposition by third parties. The effects of such a registration are, however,
limited to the country (or, in the case of a regional registration, countries) concerned.
In order to avoid the need to register separately with each national or regional office,
WIPO administers a system of international registration of marks. Two treaties, the
Madrid Agreement Concerning the International, govern this system Registration of
Marks and the Madrid Protocol. A person who has a link (through nationality,
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Protection of Intellectual Property
domicile, or establishment) with a country party to one or both of these treaties may,
on the basis o a registration or application with the trademark office of that country,
obtain an international registration having effect in some or all of the other countries
of the Madrid Union.
Confidentiality
Could your work or other information or results be useful to someone else if they ever
got hold of it? Could any of your work be potentially patentable or registrable as a
design? If the answer to any of these questions is yes, it is important to consider
confidentiality. Confidentiality is the best way to protect your Know-How.
Practical tips
Consider whether confidential or sensitive information is
accessible by other students or staff. Be careful about leaving
information visible on desktops. If necessary, keep information in
locked cabinets or use password security for electronic storage.
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Never disclose more information than is necessary. If an
individual or company has refused to enter into a CDA, instead
of disclosing specific details relating to an invention – just refer
to the advantages the invention would offer the recipient. Whet
their appetite. Hopefully they will then become interested to find
out more and enter into a CDA.
First, the progress and well-being of humanity rests on its capacity for new
creations in the areas of technology and culture.
Second, the legal protection of these new creations encourages the expenditure
of additional resources, which leads to further innovation.
Third, the promotion and protection of intellectual property spurs economic
growth, creates new jobs and industries, and enhances the quality and
enjoyment of life.
An efficient and equitable intellectual property system can help all countries realize
intellectual property’s potential as a powerful tool for economic development and
social and cultural well-being. The intellectual property system helps strike a balance
between the interests of the innovator and the public interest, providing an
environment in which creativity and invention can flourish, to the benefit of all.
Intellectual property rights (IPRs) affect international trade flows when knowledge-
intensive goods move across national boundaries. The importance of IPRs for trade
has gained more significance as the share of knowledge-intensive or high technology
products in total world trade has doubled between 1980 and 1994 from 12% to 24%.
At the international level, IPRs have traditionally been governed by several
conventions – most prominently the Paris Convention for patents and trademarks and
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the Berne Convention for copyright – that are administered by the World Intellectual
Property Organization (WIPO). In the 1980s, mounting disputes over IPRs lead to the
inclusion of trade-related IPRs on the agenda of the GATT/WTO Uruguay round and
the resulting "Trade Related Intellectual Property Rights Agreement, including Trade
in Counterfeit Goods" (TRIPs) of 1994 represents the most far-reaching multilateral
agreement towards global harmonization of IPRs.
Several studies have attempted to estimate the extent to which IPRs are trade-related.
Maskus and Penubarti (1995) use an augmented version of the Helpman Krugman
model of monopolistic competition to estimate the effects of patent protection on
international trade flows. Their results indicate that higher levels of protection have a
positive impact on bilateral manufacturing imports into both small and large
developing economies.
The conventional economic rationale for the protection of IPRs in closed economies
can be found in Arrow. Since knowledge is non-rival in nature, it should be freely
available (apart from the cost of transmitting knowledge). If this were the case,
however, the market would under invest in the production of new knowledge, because
innovators would not be able to recover their costs. By granting innovators the
exclusive rights to commercialize their intellectual assets over a certain period of time,
IPRs offer an incentive for the production of knowledge. In short, IPRs introduce a
static distortion (i.e., access to proprietary knowledge is sold above its marginal cost),
which is rationalized as an effective way to foster the dynamic benefits associated
with innovative activities.
IPRs are territorial in character, that is, they are created by national laws and differ
across countries. If intellectual property embedded in goods and services originating
in country A crosses the border to country B, two questions arise. First, how will
IPRs protection in country B affect the magnitude of the bilateral trade flow from
country A to B; and second what are the implications of such protection on economic
welfare of both countries A and B.
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CRITICISM
Some critics of intellectual property, such as those in the free culture
movement, characterize it as intellectual protectionism or
intellectual monopoly and argue that the public interest is harmed by
protectionist legislation such as copyright extension, software patents and business
method patents. Although the term is in wide use, some critics reject the term
intellectual property altogether. Richard Stallman argues that it "systematically
distorts and confuses these issues, and its use was and is promoted by those who gain
from this confusion." He claims that the term "operates as a catch-all to lump together
disparate laws [which] originated separately, evolved differently, cover different
activities, have different rules, and raise different public policy issues." These critics
advocate referring to copyrights, patents and trademarks in the singular and warn
against abstracting disparate laws into a collective term.
Other criticism of intellectual property law concerns the tendency of the protections of
intellectual property to expand, both in duration and in scope. The trend has been
toward longer copyright protection (raising fears that it may someday be eternal). In
addition, the developers and controllers of items of intellectual property have sought
to bring more items under the protection. Patents have been granted for living
organisms, and colors have been trademarked
Defense
Defenders of strong intellectual property (IP) rights insist that legal protections are
required to supply necessary incentive for the specific kind of innovation that supports
economic development.
Weakening intellectual property rights -- as the Federal Trade Commission (FTC) did
in the mid 1970s with its consent decree against Xerox Corporation -- can
compromise national competitiveness. The rapid rise of Japanese competitiveness, and
failing competitiveness of US companies, can be linked to the compulsory licenses
granted because of FTC actions against many of the United States' largest
corporations. Foreign competitors gained virtually free access to the inventions of
American companies, and the lack of legal protections for IP owners acted as a
financial disincentive to invest in intellectual assets, which in turn led to a steady
decline in American innovation and competitiveness. Between 1950 and 1980,
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Japanese companies consummated more than 35,000 foreign licensing agreements,
mostly with U.S. companies, free or low-cost licenses made possible by the FTC and
U.S. Department of Justice.
REFERENCE
1. UK Intellectual Property Office website (www.ipo.gov.uk)
2. Esp@cenet Patent website (http://gb.espacenet.com)
3. European Patent Office website (www.epo.org)
4. European IP Helpdesk (www.cordis.lu/ipr-
helpdesk/en/home.html)
5. US Patent and Trademark Office (www.uspto.uk)
6. UK Company Searches (www.companies-house.gov.uk)
7. www.biplobd.com
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