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Intellectual Property The Creation of a Mind - 1157 Words

Intellectual property (IP) is defined as the exclusive right which is recognized legally as creation of a mind (Greenhalgh Rogers, 2010). Under the law that guides issues of intellectual property, owners are granted specific exclusive rights to various types of tangible assets such as literary, musical, discovery, and artistic works as well as phrases, inventions, words, designs, and symbols (Greenhalgh Rogers, 2010). The various types of intellectual property rights which are granted to individuals include trademarks, industrial design, patents, copyright, trade dress, and trade secrets (Greenhalgh Rogers, 2010). Trademark is an intellectual property that grants an individual the exclusive rights to a certain product (Greenhalgh Rogers, 2010). It is a recognizable expression, design, or sign which distinguishes services or products of a particular company from similar services or products of other traders (Greenhalgh Rogers, 2010). Industrial designs are intellectual property rights that protect the object design which is not purely utilitarian (Greenhalgh Rogers, 2010). It consists of creation of composition, configuration, or shape of color or pattern, or combination of color and pattern containing aesthetic value in a three-dimensional form (Greenhalgh Rogers, 2010). A patent is a form of intellectual property that grants an inventor exclusive rights to exclude others from selling, using, making, importing or selling an invention for a givenShow MoreRelatedIntellectual Property Law Are Legal Rights For The Creation Of Mind2484 Words   |  10 PagesMid-term Answers Ans 1. Intellectual property law are legal rights for the creation of mind. It provide rights to the person against illegal use of his copyrighted material by third party. Owner of artistic material like music, painting, apps or design of materials to claim his right over the property and sue the claiming party legally. Examples of Intellectual property right are as follows: 1) Copying music using cd writers: It has been observed that people copy music Cd’s and Dvd’s to watch itRead MoreIntellectual Property Rights : An Analytical Study Essay998 Words   |  4 PagesINTELLECTUAL PROPERTY RIGHTS – AN ANALYTICAL STUDY IN THE INDIAN CONTEXT Abstract Intellectual property rights are the rights given to persons over the creations of their minds. These rights make the creator/ inventor as the owner of the product/work. IP protection is intended to stimulate the creativity of the human mind for the benefit of all by ensuring that the advantages derived from exploiting a creation benefit the creator. This will encourage creative activity and allow investors in researchRead MoreIntellectual Property Rights And Digital Pirating1364 Words   |  6 PagesINTELLECTUAL PROPERTY RIGHTS AND DIGITAL PIRATING Luke Telfer STATEMENT OF THE ISSUE The idea of intellectual property can be traced back to ancient Greece with the first known reference involving the protection of culinary recipes developed by chefs. According to the World Intellectual Property Organization, â€Å"intellectual property refers to creations of the mind: inventions; literary and artistic works; and symbols, names and images used in commerce.† The violation of intellectual property rightsRead MoreTechnology Is What Defines The World Today And Tomorrow1585 Words   |  7 Pagesconsideration here is in the intellectual part of the technology. Computers are used to carry out work, assignments, and many other things. Games are played online by the young generation. In this era of technology, where various regions of the world can access internet, intellectual property faces an immense problem. Rules of intellectual property are justified in this era of technology. Intellectual Property (IP) refers to the protection of creations of the mind, which have both a moral andRead MoreTechnology Is What Defines The World Today And Tomorrow1585 Words   |  7 Pagesthe consideration here is in the intellectual part of the technology. Computers are used to carry out work, assignments, and many other things. Games are played online by the young generation. In this era of technology, where various regions of the world can access internet, intellectual property faces an immense problem. Rules of intellectual property are justified in this era of technology. Intellectual Property (IP) refers to the protection of creations of the mind, which have both a moral and aRead MoreEthics And Intellectual Property Of Intellectual Properties1217 Words   |  5 PagesEthics and Intellectual Property When discussing a creation or idea, the creator of such concept must be rewarded. This must be the case for any situation. For most cases this is true, but because the ownership of such properties bring financial benefits, and or settlements, regulations will continue to challenge what is right or wrong when dealing with intellectual property. This is accurate for many industries, field, and markets. The owner ship of intellectual properties can take a creation or ideaRead MoreThe Economic Relations Between The Common People And Revenue Gaining People1596 Words   |  7 Pages one side is burdened with numerous problems and suffer economic inflictions continuously, while the other sides prospers and benefits, becoming even more powerful. Much like there being two sides to legal cases, the matter of patents and intellectual property is an issue that also garners the views of scholars and others. It is rarely that one would find both sides of an issue benefiting from the arrangement , verdict and outcome. In some cases, no party benefits because they both cause potentialRead MoreCopyright Law Protects Functional Products, Processes, And Designs1315 Words   |  6 Pages Introduction â€Å"Intellectual Property†(IP) provides an intangible property rights protecting a product or creations, and regulates the uses of different sorts of ideas and insignia such as industrial design, literature, and artistic works inclusive of symbols, names and images. It is enforced by means of patented inventions, copyrights and trademarks where each protects distinct subject matter and promotes a unique social goal. Patent law protects functional products, processes andRead MoreThe World Intellectual Property Organization Essay886 Words   |  4 PagesIntellectual property is an asset to an individual or a business. Even though intellectual property is intangible, it is very important to protect it. Protection of intellectual property can be one of the most important business decisions one can make. The World Intellectual Property Organization (n.d.) states intellectual property refers to creations of the mind. This can include inventions but also includes literary and artistic works, as well as symbols, names and images used in commerce. Read MoreIntellectual Property, Trademark, And Trade Secrets1237 Words   |  5 PagesIntellectual Property refers to creations of the mind, such as inventions; library and artistic works; designs; and symbols, names and images used in commerce. It is any product of the human intellect that the law protects from unauthorized use by others. It is comprised of four categories: patent, copyright, trademark, and trade secrets. Patent gives the inventor the right to exclude others from making, using, importing, and selling the patented innovation for a certain amount of time. A patent

Lucent Technologies Case Free Essays

The financial statement for Lucent Technologies is for September 30, 2003 and 2004. After reviewing the balance sheet I could determine Lucent Technologies Total Assets had increased by 1,052 million. This shows Total assets are in an upward trend and the company has steadily built assets the last year and not decreased them. We will write a custom essay sample on Lucent Technologies Case or any similar topic only for you Order Now The company’s goal is to raise profits and one way of raising profits is to increase their assets. Total Liabilities have decreased by 940 million. Total current liabilities have decreased over the year while long term liabilities have increased. In 2003, Lucent Technologies debt to asset ratio was . 83 and in 2004 the debt to asset ratio was . 92 which means . 92 of Lucent Technologies assets were paid for by borrowing money. What this shows is Lucent Technologies may pay a higher interest on money borrowed because their debt to asset ratio is so high. By reducing their debt load and controlling purchases the company can reduce their total debt to asset ratio. Companies acquiring too much debt may have trouble paying creditors which could force them into bankruptcy. Total shareowners’ deficit has decreased over the year. While the company is currently looking at a deficit, they are heading in an upward trend where shareholders could start receiving dividend payouts. Investors reviewing Lucent Technologies current balance sheet may have a hard time investing in the company as much of the assets owned by the company were purchased on credit. Creditors may loan Lucent Technologies money for future investments, but it would be at a higher interest rate as the current debt to asset ratio is high. Another problem creditors and investors may have with the current balance sheet is that Lucent Technologies is only providing them with information from one year. Even though the balance sheet reflects improvements in company profits over the past year it doesn’t provide creditors and investors with enough information to make an informed decision. Creditors and investors would need financial statements for multiple years before investing in the company. By viewing the statement of cash flows, investors are able to determine how much cash comes in and goes out of the company during the year. It shows investors how the company is able to pay for its operations and future growth. Lucent Technologies provided a balance sheet for September 30, 2003 and 2004. There is limited value in the data provided by Lucent Technologies, for investors and creditors to make informative decisions before investing in or leading money to this company. Other financial statements investors and creditors need to view are the income statement and the statement of cash flows. The income statement provides the revenue earned minus expenses incurred over a specific period of time. Investors need to view the statement of cash flow to determine the increases and decreases in cash made by Lucent Technologies. How to cite Lucent Technologies Case, Papers

in Colonies Essay Example For Students

in Colonies Essay The New England and Southern Colonies were both settled largely by the English. By 1700, the regions had evolved into two distinct societies. The southern colonies have characteristics that are the antithesis of the New England colonies attributes. New England was colonized for Freedom of Worship and freedom of political thought. The Southern colonies were developed for freedom of economic opportunity. The New England colonies had aspirations for a distinct society, where they could show their homeland, how a country should be run. The southern colonies had goals for mercantilism, and increasing the prosperity of England. The New England colonies were based on theocracy, where the state forced the people to live and worship in an orthodox way. The southern colonies(Virginia) had a government based on a royal government, where the state was governed by a governor and council named by the king, and an elected assembly chosen by the people. Finally, the New England colonies wanted to establish the colony for religious motives, while the southern colonies were established for economic motives. England and the rebels of England (Pilgrims), made up the New England and southern colonies. God Almighty in his most holy and wise providence hath so disposed of the condition of mankind, in all times some must be rich, some poor, some high and eminent in power and dignity, other mean and in subjection. Yet we must be knit together in this work as one man.(John Winthrop, A Model of Christian Charity) This statement by John Winthrop, demonstrates importance of religion in the lives of the New England settlers. We must delight in each other, make others’ conditions our own, rejoice together, mourn together, labor and suffer together, always having before our eyes our commission and community in the work, our community as members of the same body. (John Winthrop, A Model of Christian Charity). The use of the word together and community indicates that the New England settlers were of a communal nature, they were less individualistic than the southern colonies. The New England col onies were based on religious freedom, thus their society was reflected the religion. These underwritten names are to be transported to Virginia, embarked in the Merchant’s Hope, Hugh Weston, Master, per examination by the minister of Gravesend touching upon their conformity to the Church discipline of England, and have taken oaths of allegiance and supremacy: (Ship’s List of Emigrants Bound for Virginia). The use of the word Master, shows, that the southern colonies were more of a individualistic state rather than a communal state(New England). This individualism was the effect of the motivation of the southern colonies for economic opportunity. We whose names are underwritten, being by God’s providnce engaged together to make a plantation. (Articles of Agreement). The New England settlers, again were of a communal nature, in how they are binding together for the good of the community. We intend by God’s grace, as soon as we can with all convenient speed, to procure some Godly and faithful minster with whom we purpose to join in church covenant to walk in the ways of Christ.(Articles of Agreement). The statement above, shows how the minister, was the head of the theocracy, of the small communities. Furthermore, the Articles of Agreement, demonstates the importance of sharing within the community. This article, was another product of the motivation of the New England settlers for religious freedom. This court in the interim recommends that all tradesmen and laborers consider the religious end of their callings. The puritans believed everyone had a specific duty in life, something that one was proficient at. Almost all the mores and society itself radiated from religion, as a result, many people who couldn’t endure the rigidity of such a society were exiled and the dissenters created new societies. .ueeaeb31195b0e1e049126d8690adc2fe , .ueeaeb31195b0e1e049126d8690adc2fe .postImageUrl , .ueeaeb31195b0e1e049126d8690adc2fe .centered-text-area { min-height: 80px; position: relative; } .ueeaeb31195b0e1e049126d8690adc2fe , .ueeaeb31195b0e1e049126d8690adc2fe:hover , .ueeaeb31195b0e1e049126d8690adc2fe:visited , .ueeaeb31195b0e1e049126d8690adc2fe:active { border:0!important; } .ueeaeb31195b0e1e049126d8690adc2fe .clearfix:after { content: ""; display: table; clear: both; } .ueeaeb31195b0e1e049126d8690adc2fe { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ueeaeb31195b0e1e049126d8690adc2fe:active , .ueeaeb31195b0e1e049126d8690adc2fe:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ueeaeb31195b0e1e049126d8690adc2fe .centered-text-area { width: 100%; position: relative ; } .ueeaeb31195b0e1e049126d8690adc2fe .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ueeaeb31195b0e1e049126d8690adc2fe .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ueeaeb31195b0e1e049126d8690adc2fe .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ueeaeb31195b0e1e049126d8690adc2fe:hover .ctaButton { background-color: #34495E!important; } .ueeaeb31195b0e1e049126d8690adc2fe .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ueeaeb31195b0e1e049126d8690adc2fe .ueeaeb31195b0e1e049126d8690adc2fe-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ueeaeb31195b0e1e049126d8690adc2fe:after { content: ""; display: block; clear: both; } READ: Life Persuasive EssayThe worst among us were the gold seekers whowith their golden promises made all men their slaves in hope of recompenses. There was no talk but dig gold, wash gold, refine gold, load gold.. (Captain John Smith, History of Virginia). The southern colonists were a people who settled in the southern colonies for economic motives. The people were more materialistic, and individualistic, thus greed prevailed. Conversely, the New England