Assignment 2

ASSIGNMENT 2

Candidate Name : Tanesha Johnson

Candidate Number : 1003671206
Territory : Jamaica
Date : May 2024

Tanesha Johnson
 Assignment 2

Table of Content

Intellectual Property 1

Economic Rights 2

Moral Rights 3

Terminologies 4

Plagiarism 5

Ways to Avoid Plagiarism 5

Bibliography 6

Tanesha Johnson
 Assignment 2

Intellectual Property

Intellectual property is a broad categorical description for the set of intangible

assets owned and legally protected by a company or individual from outside use or
implementation without consent. An intangible asset is a non-physical asset that a company or
person owns.

The concept of intellectual property relates to the fact that certain products of human
intellect should be afforded the same protective rights that apply to physical property, which are
called tangible assets. Most developed economies have legal measures in place to protect both
forms of property.

Companies are diligent when it comes to identifying and protecting intellectual property
because it holds such high value in today's increasingly knowledge-based economy. Also,
producing value intellectual property requires heavy investments in brainpower and time of
skilled labor. This translates into heavy investments by organizations and individuals that should
not be accessed with no rights by others.

Extracting value from intellectual property and preventing others from deriving value
from it is an important responsibility for any company. Intellectual property can take many
forms. Although it's an intangible asset, intellectual property can be far more valuable than a
company's physical assets. Intellectual property can represent a competitive advantage and as a
result, is fiercely guarded and protected by the companies that own the property.

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Tanesha Johnson
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Economic Rights

Intellectual property (IP) laws protect various economic rights that pertain to intangible
creations of the human mind. These rights are essential for incentivizing creativity and
innovation by ensuring that creators and inventors can benefit financially from their intellectual
efforts. The primary types of IP rights that protect economic interests include:

1.Copyright: Copyright law protects original works of authorship, such as books, music, movies,
and software.

2.Industrial Designs: Industrial design rights protect the visual design of functional products.
These rights allow designers and manufacturers to prevent others from making or selling
products with similar designs, giving them a competitive edge and potential for increased sales.

3.Plant Variety Protection: In the agriculture industry, plant variety protection (often associated
with plant patents) allows breeders to protect new and distinct plant varieties they have
developed. This protection can lead to licensing opportunities and increased revenue for those in
the agricultural sector.

4.Database Rights: In some jurisdictions, databases can be protected as intellectual property.

This protection may cover the investment made in compiling and maintaining a database,
granting exclusive rights to the database owner to control its use.

These economic rights granted by intellectual property laws are crucial for fostering
innovation, encouraging creativity, and providing inventors, creators, and businesses with the
incentives they need to invest time, effort, and resources into developing new ideas and products.
While these rights are important, they are also subject to various legal limitations and exceptions
to balance the interests of creators and the public.

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Tanesha Johnson
 Assignment 2

Moral Rights

Moral rights are a special set of rights that are owned by the author or creator of a work by
virtue of their role as the author or creator. These rights allow you to protect the relationship
between yourself and the work you have created. Moral rights can attach to different types of
intellectual property, such as:

 Literary works
 Artistic works
 Musical works
 Media works

Moral rights allow you to protect the relationship between yourself and the work you have
created. Moral rights can be attached to different types of intellectual property, such as: literary
works; artistic works; musical works; media works; and dramatic works. Importantly, moral
rights do not attach to sound recordings.

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Tanesha Johnson
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Terminologies

This table shows Intellectual Property terms meanings and examples.

Terms Meaning Examples

Copyright Copyright is a type of
intellectual property that
protects original works of
authorship as soon as an
author fixes the work in a
tangible form of expression.
Patent A patent is a legal right to
make or sell an invention for
a certain period, granted by a
sovereign authority to an
inventor.
Industrial Design Industrial design refers to the
art or process of designing
manufactured products.
Trademark A trademark is an easily
recognizable symbol, phrase,
or word that denotes a
specific product.
Sony, The Pirate Bay, and
Star Chamber
iPhone, Quadcopter Drone
and Magnetic Levitation
 Apple products by
Jonathan Ive
 Volkswagen Beetle by
Ferdinand
 Porsche Walkman by
Nobutoshi Kihara
 Citrus squeezer by
Phillipe Starck
 Felt folding stool by
Brett Mellor
Coco Cola company, NCB
and IMB

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Tanesha Johnson
 Assignment 2

Plagiarism
Plagiarism means using someone else’s work without giving them proper credit. In
academic writing, plagiarizing involves using words, ideas, or information from a source without
citing it correctly.

Ways to Avoid Plagiarism

1. Keep track of the sources you consult in your research.
2. Paraphrase or quote from your sources (and adding your own ideas)
3. Cite the original author in an in-text citation and in your reference list.
4. Use a plagiarism checker before you submit.
5. Quote your own work if you reuse it from another paper.

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Bibliography
George T. (2023, June 01) How to Avoid Plagiarism. Retrieved September 19, 2023 from
https://www.scribbr.com/
Jeremy Hoover, (2020) 10 Proven Ways to Avoid Plagiarism When Writing. Retrieved
September 19, 2023 from https://www.wix.com/
Will Kenton (2022) What Is Intellectual Property, and What Are Some Types? Retrieved
September 16, 2023 from https://www.investopedia.com/
Unknown Author (Date Unknown) What is Intellectual Property? Retrieved September 19, 2023
from https://www.wipo.int/
Nicholas Wells (2023) What are Moral rights? Retrieved September 19,2023 from
https://wellsiplaw.com/
Unknown Author (Date Unknown) Definition in the Cambridge Dictionary. Retrieved
September 19, 2023 from PATENT | definition in the Cambridge English Dictionary

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Tanesha Johnson