Intellectual property rights
Abstract
Purpose
The purpose of this paper is to provide an overview of intellectual property justifications and the basics of intellectual property law.
Design/methodology/approach
The paper examines intellectual property rights, discussing such areas as: copyright protection, patents, trademarks, trade secrets and common and current misconceptions.
Findings
Overprotection can be as damaging as underprotection because of the harm to the intellectual commons. The ideal property rights regime is one that prudently seeks balance.
Originality/value
Advises that the goal of the legal system should be the provision of just enough protection to reward creative workers for their labor and to spur future innovation. At the same time, it is necessary to avoid overly strong protection that will deplete the intellectual commons or unduly restrict its expansion, and thereby fail to promote social welfare.
Keywords
Citation
Spinello, R.A. (2007), "Intellectual property rights", Library Hi Tech, Vol. 25 No. 1, pp. 12-22. https://doi.org/10.1108/07378830710735821
Publisher
:Emerald Group Publishing Limited
Copyright © 2007, Emerald Group Publishing Limited