Ethics and Intellectual Property
Intellectual property has a big impact on our country as a whole. Many institutions in our world rely on being able to use and enforce their patents, trademarks, and copyrights. This also allows people to buy something and have insurance that the property can be rightfully sold, and that the product is guaranteed to be what they wanted to purchase. “Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce” ("What is Intellectual Property?").
Intellectual property covers a wide range of things that are branched into two different categories. Industrial Property includes the patents to protect things such as inventions, trademarks, layout designs of integrated circuits, and industrial designs. Copyright is related to the creations by artistic people, such as books, music, paintings, film, technology programs, and sculptures. “The expression of copyright refers to the main act, which in respect of literary and artistic creations, may be made only by the author or with his authorization” ("Understanding Copyright and Related Rights", 2013). Why Is It Important To Protect Intellectual Property
Intellectual property contributes lots of money into our economics yearly. People use their skills and create something for the enjoyment of others to hear, see, or use. If these people were not able to protect what they have spent their time on, why would anyone bother with being creative and create anything new. Artists would not continue to paint for the public, musicians would not create new music and put them on radio stations or CD’s, and computer programmers would not continue to develop the latest technology to make everyday life more interesting.
People are not going to do something that they can not safe guard and potentially...