Effects of Intellectual Property Rights (IPRs) in the Information Society
Ishmael, Nicodemus A.
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The right to own one's genius is not a new concept. However, with the arrival of the digital age, it has become much harder to remain in control of one's intellectual property. Intellectual property has grown from the need to protect one's new invention; Knowledge is a stimulus for innovation, particularly in knowledge-based technologies… …where large shares of technical know-how are embedded in final goods. Information goods are described as public goods: if information is disclosed to the public, its originator loses the advantages of propriety, but a new generation of know-how and ideas is stimulated and expanded as a result of its publication. The paper examined the effects of intellectual property rights in the information society with aim to interrogate reforms and innovations that should spur quality and equity for sustainable development. To create a forum for discussion and exchange of current research findings among researchers, professionals and policy makers. To provide a forum for industry players to show case their products and services as well as to provide a forum for university students to showcase their research and innovations. Key finding was that unlike physical property, intellectual property (ideas) isn't tangible and so enforcing intellectual property laws as they stand now is morally problematic. There are alternatives to the way we currently handle intellectual property (for example, not acknowledging its existence), and they would be part of a comprehensive pursuit towards a more ethical, legal and/or social system. Anything short of discussing the ethical implications of intellectual property in the context of evaluating its worth would be short-sighted