Question

As we have seen, the protection for IP varies considerably by type. What are your thoughts on our present protection system and structure? Is it too generous for owners or not enough?

Answer 1

Answer:
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The protection for intellectual property varies considerably based upon the type of IP we are examining. Since there are four different types of intellectual property rights, there are different rules that need to be informed according to the judiciary system

IP has always received appropriate attention from both the judiciary and the federal authorities. Corporate cases are recorded every day that are following the procedure of resolution of the risk factor and other associated problems with copyrights and deal with the party at fault appropriately. Usually, the cases are settled with either financial aspect or integration of interests between the companies. In case of copyright, the law is strict and enforced by the holder to the extent of taking down any content that used their content fully or partially. Even services like YouTube follows a strict copyright rule where it flags the videos and makes the user either delete the entire video or the part of the copyrighted material.

The copyright laws are enforced by the judiciary and are there for safeguarding the interests of the creator. They are not too generous to the owners as they have the right to whatever technology or art or product they create and anybody that uses that product, is entitled to pay the owner a form of royalty. Although it is not too generous, it is neither any less generous which means that the laws are appropriately followed how they should be and the guiding principles stand solidly in their place when such matters are considered.