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Intellectual property Continued...

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Different Aspects of Intellectual Property 5. Intellectual Property in the Digital Age      Impact of Technology on IP Advancements like 3D printing and AI, blurs the traditional boundaries of IP ownership. Digital content is easier to replicate and distribute, increasing piracy risks.      Protecting Digital Content Use of Digital Rights Management (DRM) to prevent unauthorized copying. Watermarking technologies for protecting images and videos.      Emerging Issues: AI-Generated Works and IP Unclear ownership for AI-created art, music, or inventions. Example: Who owns the copyright for an image generated by DALL·E? 6. Intellectual Property and Business      Role of IP in Start-ups and Innovation Start-ups use IP to attract investors and create market differentiation. Example: Biotech start-ups patenting drug formulas to secure funding.      Licensing and Monetization of IP IP owners can license their rights to ...

Intellectual Property and its types.

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What is Intellectual Property? Intellectual Property (IP) refers to the legal rights granted to individuals or organizations over the creations of their minds. These creations can include inventions, designs, artistic works, symbols, names, and images used in commerce. IP laws protect the rights of creators, ensuring they can control and profit from their work for a specific period, thereby encouraging innovation and creativity. Key Features of Intellectual Property Intangible Nature : Unlike physical property, IP pertains to non-physical assets like ideas, inventions, designs, and expressions. Exclusive Rights : Creators have the sole authority to use, license, or sell their IP. Time-Bound Protection : Most IP rights have a validity period, after which the creations enter the public domain. Economic Value : IP can be monetized through licensing, franchising, or direct sales, making it a valuable business asset. Encourages Innovation : By protecting rights, IP incentivizes creators to...