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Who Owns Intellectual Property

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There are two categories of such property, the first of which includes creative works such as books, movies, music, paintings, photographs and software. These are covered by copyright laws, which offer copyright holders the exclusive right to control the adaptation or replication of the works for a certain statutory period of time.



The second category, known as "industrial properties," includes those things created for industrial or commercial uses. Patents give the inventor and/or patent holder the right to stop others from using the invention unless they pay a license fee (again, for a certain period of time). Trademarks, also a kind of industrial property, are distinctive signs that reduce the confusion among similar kinds of products.

?Intellectual property rights" includes, as a subset, industrial design rights, and these protect the particular appearance, design, form, style or design of industrial object from various kinds of infringement, such as being cloned, copied or counterfeited. Another type of intellectual property is a trade secret, meaning proprietary, normally confidential information about the commercial products or practices of a business. Disclosing trade secrets to the public without permission is illegal in most jurisdictions.

A short history lesson

If creators of intellectual property were not protected, they would have little incentive to continue researching and developing products for public use, and would tend to keep things secret. Therefore, economic growth in the industrialized nations is, to a large extent, dependent on the protections afforded inventors, writers and artists by IP laws.

According to some economists, some 60-70% of the value of large U.S. corporations is attributable to intangible assets. Even more important is the recent finding by a UN study group that found ?a positive correlation? between stronger IP legislation and subsequent growth of the economy. Of course, correlation is not causation, but the observation is an important one. Clearly, the establishment of a legal framework to protect intellectual property is an important step in the maturation of the younger, Pacific Rim economies, as well as the countries of the former Soviet Union.

In point of fact, intellectual property rights are really a simple form of temporary monopoly that is enforced by the government, and subject to the legal proceedings of that government's judicial system. The more mature and ingrained this outlook is in a nation and economy, the better.

Types of goods

Rights in intellectual property are normally limited to what are called ?non-rival? goods, meaning goods that are used by a number of people at the same time, where use by one person neither prevents nor excludes use by someone else. On the other hand, ?rival? goods, such as clothing, are used by just one person at a time. By way of analogy, any number of people can use a math formula or a cake recipe simultaneously. This explains some of the objections to the term ?intellectual property,? as some legal experts assert that the term "property" can only be applied to rival goods, or that it is not possible to "own" property of any other kind.

Because ?non-rival? goods can be copied, for instance, by many people at the same time ? in economic terms, ?produced at zero marginal cost? ? creators have no incentive at all to develop such works. Of course, monopolies also have their own inefficiencies, as some producers will raise prices and reduce production in ways that are not ?maximized? for social benefit.

The intellectual property rights system, then, is best thought of as a trade-off, one meant to balance societal interests with monopoly power in the creation of non-rival good. In other words, the developing IP structures encourage research, development and creation of new things, new products, new ideas, and new processes.

Making these trade-offs and strategizing IP issues, as an industry or even a nation, is a daunting task. The best hope we have is that a string of judicial decisions and business actions will chart a course through the confusion. In the meantime, it is important to remember that the existing framework is not set in stone, and is subject to changes both subtle and dramatic. The best advice for those working in this milieu is to have a good lawyer, stay on top of the IP court decisions and document everything ? research, rulings, recommendations and, finally, a comprehensive listing of IP rights as they continue to take shape in the U.S. and around the world.
Who Owns Intellectual Property
Rules designed for the paper era are not useful, enforceable and cost-economic in the Web era.

Here are a few reasons:

1) Intellectual property is not designed for the Web times

I strongly believe that intellectual property will soon be history, not because Anarchism will succeed over Capitalism, but because the Net Economy will find new ways to control ownership of words and patents.

Words alone are mostly worthless. Nobody is able to make money out of them anymore. Let's take someone whose words are unique and valuable: Gabriel Garcia Marquez, for instance. He collects some royalties from his writings, except for:

- the 50% cut that makes his publisher

- the 40% lost to piracy

- the 5% cut from the book physical maker

- 3% from government taxes

-1% from his agent, lawyer and accountant

So, the Paper Economy offers him 1% of the potential profit from his words.

On the other hand, what happens when you write for the Web?

Most word-content websites have lost money permanently since the 2000 Net Bubble. Even for prime authors, like Rawlings and her Harry Potter, plagiarism has eaten half of the earnings.

Making money out of words in the web takes a little more than writing. You need to point the words to those that might buy something related to them. You also need to secure some form of collecting money and measuring your response rates. The webmaster and the site promoter replace here the publisher.

2) Writing for the Web is different than writing for paper

There are:

- few authors that know how to write for the Web (short, focused, adjustable to the reader preference, keyword-dense, sticky, connected with a merchandise or service)

- few publishers that know how to make money in the Web starting from printed words from the paper era

- few webmasters who can transform electronic words in non-electronic dollars, either dealing with authors or conventional publishers

The Web Word Market is more dynamic, focused and automated than the Paper Word Market. In the past, the unit was the book, because you needed to print it, distribute it and sell it. Now, the unit is the web page, a much smaller one. Or maybe the RSS feed, the article, the forum posting or other smaller dynamic forms.

3) Authors are not so valuable in the Web Economy

Names and brands are less important in the web, because nobody spends too much time in one place, and the average user looks for specific answers rather than just a pleasant reading time.

Can you name a single Web author that always calls your attention? Are there any Web equivalents to Garcia Marquez or Norman Mailer? There are blog authors that have followers, but their names are not relevant. And the blogs with its traffic can easily be sold to someone else.

By the way, names and pen names are out. A famous person in my own field (SEO, or search engine optimizing) is GoogleGuy. A good, sticky name with 2 relevant keywords in it. I don't care if his real name is John Smith or Anand Brahmaputra. My own name is Sergio Samoilovich, but I would like to change it to Synonymizer, for e-marketing purposes. When I was trying to sell my netic.com domain I signed Neticman. I own many domains related to different products I sell. I might also own as many virtual names.

And how about pen names similar to Indian names: Man-who-blogs-for-a-living, Webcam-Girl, Pervasive-Word-Marketer or the like...

Targeting the right audience and positioning your website in the Search Engines under the proper keywords is more important than winning a Nobel Prize or a famed contest. Success is now measured in ad revenue rather than books sold.

My point is that in the Web, being the author of something is not that important. What is important, is to own targeted traffic that can buy a product by that author or any other. You can always find an author offering his product thru an Affiliate program, which equals sharing profits with you, the e-marketer. Experts can turn a bad author into good web stuff.

4) Plagiarism is not well defined

So far, there is not linguistic or mathematic rule for plagiarism. It is up to the lawyers to define fair use or unfair use. This makes litigation very difficult. Some guidelines are mentioned usually in University sites, advising students not to use other's words without permission, but they rarely express a numeric limit between quoting and plagiarizing.

Besides, some plagiarism rules are non-enforceable.

For instance, there is a problem when you plagiarize a short text without noticing it. To prevent that, there should be a central database or clearinghouse in the Web that you could run your text against, in order to validate it. If I used a phrase like 'New York Times' I will probably will run into the newspaper attorneys, even if I was thinking about the weather in the big apple.

5) Plagiarism is not easily detectable.

It is also a complication the fact that the web is a dynamic medium, and there are no hard proofs of most infringements.

Plagiarism is non-detectable when the author makes slight modifications in the copied text. There is no computer in the world able to read the whole Web and find all the similar phrases or web pages. The main plagiarism detection systems work by sampling the suspected originals and copies, and those small samples can be wrong: either false positives or false negatives are possible.

Software like Synonymizer makes it easy for webmaster to create almost-duplicate text, barely detectable for the search engines.

Finding plagiarists and punishing is very difficult. The web is mostly distributed and anonymous.

Thus, a significant business is surging from the plagiarism-detection needs of authors, universities and publishers.

The anti-plagiarism-detection tool market is also surging.

6) Google is the leader in electronic detection and punishment of plagiarism

So far, Google has some filters that reject duplication from its index, and attempt to give credit to the original author.

For me, it is obvious that some software should take care of the plagiarism issues, instead of the expensive and unpredictable lawyers and judges. With previsions for Synonymizing.

Some kind of web service (the Web Economy) will rate the originality of your words, the value for the customers, the degree of infringement of the laws, and will provide you a reward : traffic that you can monetize. Or a punishment: exclusion from the main listings.

At this point, the Web Economy is doing that: rewarding originality and witness, punishing duplication and dumbness.

Garcia Marquez could profit from AdSense and other ad servers, and there would be little intermediation.

Maybe a small 'Plagiarism Algorithm' in Google and Yahoo can and will replace Intellectual Property Lawyers... It will be cheaper, faster and radically more effective.
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About Author
Both Bob Schuster & Neticman are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Bob Schuster has sinced written about articles on various topics from . The law offices of Bob Schuster, P.C. Specialize in commercial litigation, brain injury, infringement and carbon monoxide poisoning cases. Visit th. Bob Schuster's top article . to your Favourites.

Neticman has sinced written about articles on various topics from Intellectual Property Rights, Computers and The Internet. . Neticman's top article generates over 480 views. to your Favourites.
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