Flashcards
Justifications for Intellectual Property
Cards in this deck (7)
- 1What are the names of the main justifications?Consumer Protection
Encourage Innovation
Reward for Innovation
Natural Rights/Justice Argument
Utilitarian Argument
Personality Argument - 2What is the Consumer Protection justification about?A reason to have Intellectual Property is that IPR's like Trade Marks allow consumers to know what they are buying, and are able to distinguish the good companies from the bad ones
- 3What is the Encourage Innovation justification about?There is the argument from IPR's that people will want to spend a lot of money on creating something new because they know a Patent will prevent others from freely copying their work. Therefore, they know they will be able to make their money back.
- 4What is the Reward for Innovation justification about?Owners of inventions are able to receive the reward for their hard work creating the new product without worrying about another company using their product to reverse-engineer it. James Dyson spent 20 years creating his hoover, he should be able to exploit his years of research without worrying about threats from other companies.
- 5What is the Natural Rights/Justice Argument justification about?Someone has the right over their labour, and products.
John Lock's theory - 6What is the Utilitarian Argument justification about?IPR's allow society to become more prosperous because people are wanting to constantly invent new things to get a Patent and design right over it. Therefore the public benefit from new innovations constantly.
- 7What is the Personality Argument justification about?The work which someone creates is an extension of themselves, so they should be able to protect them. For example, with copyright.
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- Intellectual Property (Justifications for Intellectual Property) Flashcards on Justifications for Intellectual Property, created by James Dolton on 12/02/2018.
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- James Dolton
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