Term paper on intellectual property rights

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“the Legal Protection of Intellectual Property Rights"

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Intellectual Property Rights Essay - Words | Cram

Even though intellectual property is an intangible asset to a company, they give business partners and financial institutions the assurance to partner with and add capital with the chosen organisation, making them as valuable as a tangible asset. By securing their creation, owners can amplify the value of their intellectual property by including them in a transaction, license them out and franchising them. Thus, many types of laws are required to protect their intellectual property as they can alter from confidential information of innovations, to artistic works. A patentable invention can be either a product or a process that provide a new non-theoretical resolution to a problem. The restraint of trade on employment contracts and sale of business agreement are used to protect trade connections and trade secrets.
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Intellectual Property Rights Essay

In: English and Literature. Intellectual property rights provide the foundation for building and extending markets for new technology. Economists and policymakers are progressively realizing that to manage and encourage technological progress, there is a need of a framework of legal institutions that promotes its benefits but also limits its excess.
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Please join StudyMode to read the full document. Intellectual Property Kiara Rubenstein Intellectual Property IP is legal rights that result from intellectual activity in the industrial, scientific, literary, and artistic fields. The four major components of intellectual property include; patent, copyright, industrial design, and trademark.
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