IP/IPR Production Assignment
Intellectual Property consists of copyright, patent, trademark, and trade secrets. Examples of intellectual property are discussed in the module video. Copyright can deal with things like music and inventions someone has created. Copyright stops people from being able to make their own version of something from something you made, therefore ripping off your profit or effecting your credibility. Copyright can last different periods of time but usually lasts the lifetime of the author plus an additional number of years on top of that.
The view I was provided with was a little different from my initial and previous view of intellectual property. With copyright I initially thought copyright was ok to copy as long as you provide credit to the actual creator. I also thought copyright lasted forever and had no time limit on it even when the creator has passed. My thought on trademark from intellectual property was the same as I knew companies could not steal names or ideas written on paper from other companies. I didn’t even know what patent was and I was provided with information on how patent related to copyright and those two work together.
The video from the module also explains property rights. Property rights are rights that include enjoyment, profit, transfer, alteration, and reproduction. The person who owns the property has the right to enjoy it for their own benefit however they want. Depending on what the property it you can transfer it or decide to profit from it. An example provided was a house. You have some rights to transfer the house but not always have right to do anything and you can also choose to profit from the house such as renting or leasing out the house. All these rights go into each other and work together in their own ways to provide certain rights to owners of property or content.
The view on property rights that I was provided with from the module video matches with my initial and previous thoughts on this subject. You can’t use someone else thought, idea, or content and make your own profit from it. Its kind of like buying someone’s product and then going behind their back and selling their product for more than it was initially sold for to make a profit from it. The understanding of transferring and alteration of property with having some restrictions on them and how the owner may choose to do so.