Intellectual Property Rights: A Legal and Economic Investigation
Article Details
Pub. Date
:
Jul, 2016
Product Name
:
The IUP Journal of Knowledge Management
Product Type
:
Article
Product Code
:
IJKM21607
Author Name
:
Georgios I Zekos
Availability
:
YES
Subject/Domain
:
Management
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:
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:
44
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Abstract
The legal system induces the economic system, and legal norms have to be assessed in ways that lead to the most competent outcome. National competition laws can converge towards some common points and standards, and as a consequence, there is an effort for competition law enforcement to become extra-territorial over the years because there is a need to internationalize competition law. A constant development of the legal regulation and enforcement of IPRs means a need for continuous revision of an index (zekipr6/zekipr7/zekipr8/zekipr9, zekpat6, zekcopy6, zekmark6) regarding the protection of patents, copyrights, trademarks and in general IPRs. The analysis presented in this paper is focused on the investigation of the developments of law utilized to produce the indexes and the examination of the impact of IPRs’ protection as it is expressed by our indexes upon FDI.
Description
A vital target of intellectual property law is to reward innovation and creation throughout
the granting of exclusive rights to utilize a new invention, new information or a cultural
good. The legal system induces the economic system, and legal norms have to be assessed in
ways that lead to the most competent outcome.1 The return derived from IPRs is directly
correlated to the duration as well as the scope of those rights. The environment of intellectual
property has rapidly altered over the past two decades. With the advent of cyberspace, people
have transformed the way they share information and consume intellectual property, making
it easier for people around the globe to misappropriate protected material.
A patent is enormously powerful because it protects novel and non-obvious ideas and not
just the expression of those ideas. The patent system is meant to protect technology—actual
machines, devices, and new chemical biotechnological/nano-technological compositions—
rather than pure concepts. Once an invention is patented, the inventor alone reaps the
benefits of his creation and has the right to exclude others from using his invention and in return for this period of exclusive use, the inventor fully discloses his invention to the
public.
Keywords
Knowledge Management Journal, Intellectual Property Rights, Literature Review IPRs, Freedom of Expression, Competition, Legal and Economic Investigation.