Intellectual Property

Intellectual Property

Introduction

Intellectual property is defined as the product of human efforts that is legally binded by other humans to use or refer to without obtaining authorization from the owner. It results into formation of a monopoly on the property i.e. protected. There are usually four types of intellectual properties, which are patent, copyright, trademark, and trade secrets (Legal information Institute, n.d.). These creations are legally not to be used by one and this has introduced the concept of intellectual property i.e. intangible. Copyright and Scholarly Property problems has been a significant area of issue for companies or enterprisers that talks about new techniques, products, or administrations; however, they don't have any management over others because of which they need to withstand remarkable misfortunes (Chon, 2007).

Many scholars, teachers, and aauthorized persons in the field of education industry and organizations come up with new inventions and even innovations or improvement on their current educational materials. Some companies devise their formulas that have economic value as much as they would come up with new methods and processes to conduct research or regarding an old concept. These inventions must not be used by any one; this calls for laws to protect such innovations and intellectual properties. This has led to copyright laws and property or intellectual rights.

A copyright law is a set of rules and regulations that protects a person or organization's unique creation of invention or innovation against copying and abuse or other forms of illegal usage. The issue is that if a person has used his resources and expertise and knowledge to create a new item, no one must benefit from that item without the authorization of the inventor. In order to avoid illegal usage of another person's property there is need for legislation to enforce compliance. The use of the property must be done with the authorization of the inventor or the creator. Some people want to be paid for the effort they would have put and the resources they would have used to come up with such an asset. Copyright laws are important because they regularize the usage of a person's intellectual property. This is essential in education today. In the same category as the copyright laws is the intellectual property right. If there has not been property right and copyright organizations and people would use other people's property without paying for it. That may also lead to tarnishing of other people or organizational images.

The prominence and importance of such laws has been increasing ever since, until the present day where we are continually bombarded with news stories about a copy of different educational appers and research material with losses to original researchers and associated organizations or educational institute that spend heavily on producing such an extensive research work or creative educational resources. In this regard, Copyright Treaty was invented in1996, which requires members to adhere to the Berne Convention, it also added further copyright protection to authors of the work, due to advances in technology (Chon, ...