Patents and Copyrights: Exclusive Right(s) Created by the Judiciary of a Nation

   

Added on  2021-06-14

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Surname 1Student’s nameProfessor’s nameInstitution Date A patent can be said to be an exclusive right granted by an administration to an investorfor a limited era in exchange for a comprehensive public disclosure of an innovation[ CITATIONGar14 \l 1033 ]. Copyright on the other hand can be said to be legal right(s) created by thejudiciary of a nation that permits an inventor exclusive rights for freely distributing and using thecreated product for a limited period of time[ CITATION Jas15 \l 1033 ].In my view, the patent and copy right system in the U.S is neither optimal nor the worsthence it should be modified for the purpose of the common good. This is because intellectualproperty serves as the foundation of innovation in our economy[ CITATION Jas15 \l 1033 ]. Patentsand copyrights have both advantages and disadvantages pertaining to business people and to theeconomy. Patents should be modified and made average since too weal patents may make itextremely expensive when the cases of consumer protection are concerned[ CITATION Jas15 \l 1033]. Patents should also be present and should also be firm since they will help employees in the
Patents and Copyrights: Exclusive Right(s) Created by the Judiciary of a Nation_1

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