Human Beings are blessed with creativity and abundant resources from Mother Earth, both physical and biological.
This creativity helps human to employ these resources in a very unique way which significantly boosts the development process of the time period. These articles created by man is unique in - how it looks, how it is made and how it is employed.
In the early days, these articles fell into public domain and hence, were considered as a common property.
This resulted in the development of Intellectual Property, which protects inventions,creations and discoveries. Intellectual Property is pervasive since everything that humans are exposed to, is an Intellectual Property of somebody.
Intellectual Property is required to provide due recognition and incentives to the original creator and reduce the chance of work being exploited from other parties.
It also allows financial returns for the creator which motivates creators to come up with more products.
Intellectual Property also allows the presence of original and genuine products in the market for consumer consumption. Intellectual Property reduces the chance of potential infringement, such as counterfeiting, piracy etc.
Since everything a man uses for day to day activity is an Intellectual Property of somebody, these articles are protected by strong laws in all countries. Violation of these laws can result in serious punishments.
Therefore, it is important to know about Intellectual Property to not only protect products but also to refrain from violation.
This creativity helps human to employ these resources in a very unique way which significantly boosts the development process of the time period. These articles created by man is unique in - how it looks, how it is made and how it is employed.
In the early days, these articles fell into public domain and hence, were considered as a common property.
This resulted in the development of Intellectual Property, which protects inventions,creations and discoveries. Intellectual Property is pervasive since everything that humans are exposed to, is an Intellectual Property of somebody.
Intellectual Property is required to provide due recognition and incentives to the original creator and reduce the chance of work being exploited from other parties.
It also allows financial returns for the creator which motivates creators to come up with more products.
Intellectual Property also allows the presence of original and genuine products in the market for consumer consumption. Intellectual Property reduces the chance of potential infringement, such as counterfeiting, piracy etc.
Since everything a man uses for day to day activity is an Intellectual Property of somebody, these articles are protected by strong laws in all countries. Violation of these laws can result in serious punishments.
Therefore, it is important to know about Intellectual Property to not only protect products but also to refrain from violation.
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