Johnathan Bailey

Ethical Thinking in the Liberal Arts

Grand Canyon University

Intellectual Property assignment

The main points of the article is that protecting intellectual property is highly important in this information age. The reasons happen to be that people steal information all the times from others, use this information as their own, patent it, even though it wasn't theres. I feel that its important for inventors or just every day people to protect what they make, people happen to be very shifty in this society, everyone is out to gain a dollar, but some people happen to be so ruthless that they will steal at all costs, and may even try to destroy the original proprietor from making any gain at all. The right of the property is based on the rights of the owner and happen to be granted in various markets. Intellectual property is a valid way to protect inventors, musicians, painters so that they can share their work with the world. I feel that people make they deserve to absolute protection over their achievements. The common types of copyrights that happen to be protected happen under intellectual property, happen to be trade marks, patents, industrial design rights and trade secrets. The ideas that happen to be valid is that protection of intellectual property is important, that any one who invents something needs to patent it correctly, and that is why intellectual property is protected in America, by the American invents act. This is good for corporations because people cannot copy the iphone etc and have all the same features, because apple put a patent on it. The Benefits of the intellectual property is that people gain a financial incentive from their creation. Not mentioned in the article was the WIPO treaty, which is several agreements on a international level that protects property rights all over the world, and this treaty is an incentive to build economic growth. My position on internet and intellectual property would be that, people who do business through web pages, through social networking have to be careful with how they build their business's. For instance look at pirating online through music. During the early 2000's, people would steal all types of media from the internet and that caused a stir of events to happen, lawsuits against Napster, that the band Metallica filed in 2000, changed the course to protect artists within the music industry. Napster allowed a free file sharer that would allow anyone to download music. I was guilty of downloading music, and not knowing that it actually could cause financial issues for the artists who made the music. My stance I believe has changed, I believe that people need to be smart when its comes to intellectual property, they must be careful who they work with. They have to make sure that the people who will help developed their product wont sell them under, and use it for financial gain has there own. This has happened in my family, where my grandfather invented type of sugar beat processor, and the ford motor company stole the idea and patented it. The importance intellectual property online or in general happens to be extremely important in the world we live in. Because people can steal anything from you with a matter seconds.