Why is protecting Intellectual Property important?
Find answers to your legal question.
Why is protecting Intellectual Property important?
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Coco
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In addition to bcnu's answer, the reason we have laws to protect intellectual property is not just so that inventors, creators, writers, etc. get compensated for their work, but it is also to inspire creation!
If you know a creation of yours will not be protected, and anyone can copy what you do and get a benefit for it, what is the point in inventing anything at all?
So we have these laws to protect not just the person creating the item in question, but to stimulate invention and creation in general. |
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Elliott M
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if want your future stolen and allow others to profit by it then leave it unprotected and don't dwell on it when you are in the cheese line that is running out these days |
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bcnu
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The goal is to protect a source of compensation for the creators of inventions, writings, art and other creative works. For example, if you can't cover the investment expenses of R&D for an invention (such as a pharmaceutical) that gets patent protection from competitors, why do it at all? |
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