IP Law Essay Example | Topics and Well Written Essays - 1500 words

IP Law - Essay Example Firm managers carry out valuation of their patents when they are deciding whether or not to file a patent application or refurbish a patent, when computing royalties for patent licensing contracts, when calculating the value of a potential merger or acquisition, and when calculating their own corporate value. Lawyers and judges value patents in suits of patent infringement; financial institutions calculate the value of patents when they use the intangible asset as collateral for bank loans; and investors and financial analysts value patents to evaluate the cost of firms as a foundation for their investment decisions and recommendations (Hall, 1992; Martin and Drews, 2005). IP in the form of patentable technology, legally protectable trademarks and designs, copyright and others have progressively become the most crucial assets, not only for many of the worlds largest companies, but also for small and medium enterprises (Schweihs, 2002). Intellectual property (IP) is a term which refers to a number of discrete kinds of legal monopolies over conceptions of the mind, which can be either artistic or commercial. IP also includes the related areas of law (Raysman et all, 2008). A variety of intangible assets are given certain special rights under the IP law. The most common kinds of intellectual property include trademarks, copyrights, industrial design rights, patents, and trade enigmas in some jurisdictions. According to Sherman and Bently (1999), â€Å"The British Statute of Anne 1710 and the Statute of Monopolies 1623 are now seen as the origin of copyright and patent law respectively.† Originality is one of the most important terms which are related to copyright. Presently the term ‘originality’ is used by law as a touchstone in evaluating when and why something can be copyrighted. England’s conventional criterion for originality was a Lockeanderived industriousness criterion, according to which the work must spring up from the author at

The History Of My Family Essay Example | Topics and Well Written Essays - 1250 words

The History Of My Family - Essay Example Moving to the new land was, however, not a bed of roses. It meant that they had to go where it was occupied. During those times, the legal system was still unknown. Therefore, when it came to land ownership, my ancestors had to fight. If they win, then they take over the ownership of the land. When my ancestors, therefore, migrated, they went to a place, which was occupied by a different race. On realizing my ancestors’ arrival, the natives were not at ease. They thought that my ancestors were going to take over their resources. Therefore, they discriminated and prejudiced them, hoping that they will feel unwelcomed and would eventually leave. However, my ancestors were strong and courageous. The discrimination that was seen when it came to watering the livestock was not something to scare my ancestors. Though the natives would go and try to prevent other people, especially of other races from getting access to the watering points, my ancestors still found their way to the wat ering points, especially because they were strong and daring. Grazing grounds were the other places where discrimination was evident. However, owed to the determination of my ancestors to feed their livestock, they made their way through the opposition. Due to the kind of livelihood, which was seen during the times of my ancestors, my foster father told me that the use of ethnic or racial slurs was something normal among my ancestors. The livelihood of those times called for a lot of competition for limited resources.... However, my ancestors were strong and courageous. The discrimination that was seen when it came to watering the livestock was not something to scare my ancestors. Though the natives would go and try to prevent other people, especially of other races from getting access to the watering points, my ancestors still found their way to the watering points, especially because they were strong and daring. Grazing grounds were the other places where discrimination was evident. However, owed to the determination of my ancestors to feed their livestock, they made their way through the opposition. Due to the kind of livelihood, which was seen during the times of my ancestors, my foster father told me that the use of ethnic or racial slurs was something normal among my ancestors. The livelihood of those times called for a lot of competition for limited resources. Therefore, often, the neighboring races constantly did many things that in one way or the other, offended my ancestors. Among these thi ngs were refusing my ancestors to cross their territories, being jealous of my ancestors’ possessions, and bewitching their animals. Therefore, my ancestors were always honest. They always said the truth, and therefore, when they found the races being associated with any evil thing, they addressed them in the same evil thing. For the mean races, they called them. On the other hand, when they found some races bewitching their livestock out of jealousy, they referred to them as bewitchers. They did this so that their children would know how to be careful with these people. The use of slurs generally was a means of cautioning the next generation, so that when it came to such issues as marriage or other associations, they would be careful with such