Abstract

In this study we try to explore the concept of copyright in a holistic context. The main focus of the research is on diverse concerns representing copyright and its relation with trade secret along with the analysis of the current issue. The research analyzes the current status of copyright; in addition, the study explores the impact of digital age on the copyright issues. The paper explores the challenges faced by Intellectual Property Law. Nevertheless, the study also analyzes the impact of contemporary technologies on the law. According to diverse sources, the rise of technological innovation and the availability of copyrighted material on digital media have been considered a substantial threat for copyright and Intellectual Property Law; hence, there must be adequate strategies formulated to cope with the scenario.

Table of Contents

Introduction3

Trade Secret: Analysis of Current Issue3

Copyright: Dead or Alive5

Copyright's Survival in Digital Age6

Challenges of Intellectual Property Law with Invention of New Technologies6

Legal Issue Analysis7

Conclusion7

Works Cited9

Copyright and Intellectual Property Law

Introduction

The purpose of this paper is to enlighten and explore the concept of copyright in a holistic manner. This paper aims to enlighten the current status of copyright status in the digital age. In addition, the paper will focus on the challenges of intellectual property law with the invention of new technology. Copyright laws are intended to protect original works of authorship from reproduction, distribution, adaptation, performance or display by individuals other than the copyright holder. The Copyright Act of 1976 limits the "fair use" of copyrighted objects and patented material. Meanwhile, opponents of expanding the Copyright Act argue that current copyright laws are necessary to safeguard original material.

Therefore, critics say that current copyright laws limiting the use of material in on-line classrooms should remain in place. Intellectual property can be defined as creations of mind such as patents or inventions, literary works and art works, names, symbols, and designs which are applied in businesses. There are two types of intellectual property namely industrial property and copyright. In addition to recognizing and protecting overseas intellectual property rights through international treaties, the U.S has its own laws for the recognizing and in some cases registering intellectual property rights.

Trade Secret: Analysis of Current Issue

In the U.S. and many other industrialized nations, so-called intellectual-property laws are vigorously enforced. Intellectual property refers to a personal creation--such as a film, song, painting or piece of literature--that has commercial value. In the U.S., intellectual-property analysts say, works of art or other personal creations are regularly trademarked, so that the creators receive money (often referred to as "royalties") when their product is used. A trademark also ensures that other individuals cannot earn money from someone else's intellectual property (Clark, 103).

Since the 1990s, however, U.S. copyright laws--most of which are technically applicable anywhere in the world--have barely been enforced in China and other developing nations. In those countries, counterfeit operations are prevalent. Manufacturers create unauthorized versions of others' intellectual property and then sell it, often at steeply discounted prices. Many music record labels and software manufacturing companies in the U.S. have protested ...