Business Ethics

Running Head : Do Free Markets Need overhasty attributeThere is no need for laws protecting intellectual property as free market theory suggests that free markets and not rule produce the most efficient outcomesThe first item that drive a clear definition is intellectual property distribute to the World Intellectual shoes Organization (WIPO Intellectual Property (IP ) refers to creations of the bitd inventions , literary and artistic works , and symbols , names , images , and designs usage in commerceIP is further divided into two convocations . The first base is industrial property , which includes patents , trademarks , industrial designs , and geographic indications of source . The min group is Copyright which includes literary and artistic works . Examples of copyrightable bodied argon novels , poems , musical works , paintings and recordingsThese two groups be protect by various laws all over the world . In fact several treaties and conventions with several countries as signatories have sedate emphasized the importance of intellectual property protection .

scantily about of these are The Berne Convention for the Protection of literary and nice Works and The Paris Convention for the Protection of industrial PropertyAs with some(prenominal) laws , intellectual property laws have both advantages and disadvantages . The main advantages are that without intellectual property protection the flow of intellectual creations , of any(prenominal) nature , whet! her industrial or copyright is instantaneously operational for consumption of the general public . There will be no laws that protect the right of the creator to exclusive riding habit of his intellectual creation This means that inventions will be like a shot accessible to the...If you want to get a full essay, baseball club it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay