A Reflective Report on the Importance of Intellectual Property

This reflective report provides an overview of intellectual property rights, exploring their significance, legal frameworks, and impact on innovation and creativity. The report emphasizes that intellectual property rights, including copyrights, trademarks, and patents, aim to protect artistic and literary creations, inventions, and designs. It highlights the encouragement of intellectual goods and addresses the importance of preventing counterfeiting. The reflection also considers the potential monopolistic tendencies and ethical dilemmas associated with intellectual property rights, while underscoring the need to balance protection with accessibility and the broader advancement of human knowledge. Desklib is a platform where students can find similar solved assignments and past papers.

REFLECTIVE REPORT
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Table of Contents
Introduction...........................................................................................................................................3
Body......................................................................................................................................................3
Conclusion.............................................................................................................................................4
References.............................................................................................................................................5
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Introduction
Intellectual property is the creation of artistic and literary designs, mind and invention. It contains
the imperceptible formation of human understanding and mostly includes the trademarks, patents
and the copyrights. In IP numerous another forms of rights is included in moral rights, trade, and
publicity rights. All types of work like artwork; discoveries, phrases, designs, invention and more all
are secured through the intellectual property.
Body
This reflection is about the Intellectual property that is a barely new thought and has met
with plenty confusion from the majority. Although the general notion of intellectual assets has been
in life for over one hundred years, it nonetheless calls for some cause of maximum individuals. IP is
the easy concept that any inventive or creative piece of hard work together with inventions and
ideas belongs totally to its regular creator (Drahos, 2016)
It uncovered the scholarly resources rights questions which have meddled with my readiness to
transfer work on the web. As heaps of work stays inside the investigative stage and due to the issue
of the way from the idea of the work, and slip-ups, maybe 'spilled' before it completes entirety. It
additionally gives the idea that by means of copyrighting (industrially) that is in actuality securing the
work and constraining its get admission to others by prohibiting dissemination and the potential for
a blast through sharing, in reality restricting our own one of a kind Human scholarly blast in vogue
sense. I have found the major reason for which the intellectual property is rights are developed is to
encourage the formation of a variety of the intellectual goods. There are only a couple of lawful rules
with acknowledging to included development (Bently and Sherman, 2014). All similar kind of laws
endeavors to influence certain people contrary to adulterating to or thought to housebreak. By
means of safeguarding up oversee over authorized advancement, governments wish to animate
markets and augmentation financial effectiveness. Such guardianship over authorized advancement
similarly guarantees the money related and sensible endeavors of the producer, who's guaranteed
to get justified financial assessment and pay for their creation. Be that as it is going to, there are vital
dangers to a consideration of character authorized advancement. When in a while, it will convey two
or three monopolistic inclination; a trend-setter of a genuine basic question can protect others from
conveying it, making a huge demand that self-discipline up bills and weight supplies. It will even
make moral situations where they had been when kept up a key separation from (Eppinger, 2018).
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Conclusion
In this reflection report, a brief discussion is made on the intellectual property right. The reason for
which these laws are developed is identified. This report helped a lot in understanding the concept
of intellectual property and different types of laws and field in which these rights work. Several most
common intellectual properties are analysed like copyrights, trademarks, patents and more.
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References
Drahos, P., 2016. A philosophy of intellectual property. Routledge.
Bently, L. and Sherman, B., 2014. Intellectual property law. Oxford University Press, USA.
Eppinger, D.I.E., 2018. Intellectual Property Rights.
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