Question

What are the two objectives of intellectual property rights in ethics?

Answer 1

Answer:

Intellectual property law is that area of law that deals with: “A category of intangible rights protecting commercially valuable products of the human intellect.” [1] The objectives of intellectual property law are to incentivise creativity [2] and serve the public interest by facilitating economic growth.

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Answer 2

Explanation:

The objectives of IP law are to provide incentives to create and serve the interests of the public by promoting economic growth. It seeks to protect the rights of IP owners to enable them to reap the rewards of their creativity.