Question

The right of the creator or owner over his Web Design falls under Intellectual Property Rights. What do you think is the rationale for putting in place Intellectual Property Rights protection systems? What are the advantages and disadvantages of Intellectual Property Rights protection?

Answer 1

Explanation:

ANSWER

The right of the creator or owner over his Web Design falls under Intellectual Property Rights. What do you think is the rationale for putting in place Intellectual Property Rights protection systems? What are the advantages and disadvantages of Intellectual Property Rights protection.

Answer 2

Answer:

Advantages of Intellectual Property

Advantages of Intellectual PropertyThere are many advantages to IP, including the following:-

1. There are no fees associated with IP

There are no fees associated with IPAbility to have a competitive edge over other similar businessesIP enhances your company’s value

2.IP helps you market your company’s products and services

3.You can more easily obtain financing for your business

4.Greater export opportunities.

Disadvantages of Intellectual Property

Disadvantages of Intellectual PropertyWhile there are several advantages, there are some disadvantages of intellectual property, too, including the following:

1.Additional costs

2.Pirating

3.Reduced quality