22 Jul 2022

35

Intellectual Property Rights

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Academic level: College

Paper type: Essay (Any Type)

Words: 345

Pages: 1

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Intellectual property rights refer to property rights that permit creators of trademarks or patents to benefit from their investments or own work in a creation. This study focuses on copyright in an organization. In its context, copyright is a type of legal protection on various forms of works (Li & Correa, 2009). A company has a mandate of ensuring all its programs, innovations, and inventions are well protected. In often cases, some works such as the name of the organization cannot be protected from breach of copyright, but the company can utilize other types of legal protection to ensure its name is safe from being misused. 

The organization should protect the copyright considering that, all its work is assets owned by the organization. Whenever the company has an original idea, it should be treated as an asset. Any innovation is likely to have considerable value in the future, and the organization can use it as financial collateral. In the same vein, copyrights for international organizations are likely to last for decades, and passed down as part of it (Yeh, 2016). Indeed, for innovations and new inventions, the copyrights have the potential of lasting for decades or as long as the company exists. In that sense, the organization should protect its rights so that, any form of infringement will open up legal grounds to pursue the perpetrator for compensation or any financial loss incurred. The most appropriate way is for the organization to license the copyright to benefit from its use by others. 

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Whenever infringement has taken place, legal action can be pursued. Firstly, the law requires that the organization has registered the copyright. By so doing, it becomes easier to recover damages for the copyright that has been infringed. Based on the infringement committed, the organization can proceed to file criminal or civil case (Haber, 2018). In this case, the copyright infringement will be handled at the civil court and the organization is likely to get payment for the losses, or an injunction to stop the international organization from further infringement. In terms of doing business, the US companies will ensure all the copyrights are patented, and they will feel secure and conduct business without fear. 

References 

Haber, E. (2018). Criminal Copyright. Cambridge Cambridge University Press 

Li, X. & Correa, C.M. (2009). Intellectual Property Enforcement: International Perspectives. Massachusetts: Edward Elgar Publishing 

Yeh, B. T. (2016). Intellectual Property Rights Violations: Federal Civil Remedies and Criminal Penalties Related to Copyrights, Trademarks, Patents, and Trade Secrets. Intellectual Property Rights Violations. 

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StudyBounty. (2023, September 14). Intellectual Property Rights.
https://studybounty.com/intellectual-property-rights-forum-essay

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