CRI 200 Lecture Notes - Lecture 1: Copyright Infringement

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Property: a) something owned or possessed; specifically (a piece of real estate) b) the exclusive right to possess, enjoy and dispose of a thing (ownership) c) something to which a person or business has a legal title. Intellectual property: refers to creations of the mind, such as inventions literary and artistic works; designs; and symbols, names and images used in commerce. Protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest . The industrialization and integration of creativity into the market economy leans on ip. Provides an incentive to creators of original ideas; Provides protection of that incentive from the market impacts of copying; Balances between the need for creative products to be shared and used but also controlled by creators;

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