CAOT 31 Lecture Notes - Lecture 20: Intellectual Property, Non-Disclosure Agreement, Industrial Design Right
12 Oct 2020
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Document Summary
Chapter 9 safeguarding your business idea: safeguarding your business idea. There are number of ways you can safeguard your intellectual property: patents, trademarks, copyrights, industrial design rights, and in some countries, trade secrets. These rights encourage the creation of ip and pay for associated research and development; there are substantial benefits in terms of economic growth for countries that encourage ip protection. Critics characterize these rights as intellectual protectionism or monopoly and argue that public interest is harmed by protectionist legislation. Intellectual property rights (ipr) can inhibit collaborative working on innovation because collaborators want to safeguard their own ipr, despite the possibility that collaboration might generate far greater value. Only a limited level of ipr is desirable to encourage risk taking and innovation; should not rely too much on. Ipr, and do not let it get in the way of networking or collaborative working where external knowledge is an important part of your systematic innovation.
