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  • Essay / Intellectual Property Rights Case Study - 1187

    This case study will examine the moral issues related to intellectual property rights and their effects on society. There are many different positions on the subject of intellectual property, with people opposing one or both, or both, of intellectual property and the Creative Commons for a variety of reasons. Mandatory copyrighting and patenting of inventions and published works can potentially significantly restrict the progress of science and culture. Intellectual property refers to copyrights, patents, and the like…on non-physical things. Ideas, inventions, formulas, etc. are all subject to copyright or patents. As Tyler writes, patents filed on ideas that are not used by the patent holder are a waste of the idea: the potential for use by others to build on the idea to create products for profit of the company is lost, at least until the patent expires or until the holder sells the authorizations for a fee. In the words of the Libertarian Party of Canada, libertarians want “less government, less taxes, more freedom.” Freedom is used as a broad term, implying a quest for freedom of information as well as individual freedom as a citizen. Libertarians have some interesting views on media ownership and copyright laws. They believe in freedom of information for all, small government, and are generally anti-monopolies. The spread of information and power among citizens is the only sure way to benefit the entire world. Concentrated power will only be used to benefit those in power. Thus, if power were vested in the people, laws could benefit the people rather than the elite. Libertarians are apparently conflicted over the idea of ​​intellectual property. If someone creates something clever and unique that they worked on for years, they should own it, but since ... middle of paper ... is not limited, once they 'it is published worldwide, they are free to travel and be shared however people want. Opposition to intellectual property laws is increasingly common. The moral aspects of intellectual property rights are being questioned, as limiting information and ideas benefits no one except big business. According to Libertarians, progress could well stall in the years to come if monopolized ideas are not disseminated for the common good. On the other hand, failure to respect current intellectual property rights internationally leads companies to "significantly lose market share" to copycats producing generic versions of otherwise brand-exclusive drugs (Shah, Warsh & Kesselheim 2013). We must consider priorities, what is important or beneficial for citizens is rarely what is important for businesses.