Everyday businesses provide the world with products and services. People in general are just not self-sufficient. Who has time to make their own clothes, own meals,clean their own house, or even watch their own kids? Today’s every growing business world and advancements in technology make it extremely easy to obtain anything one could ever desire provided they have the money to buy it. Many people gained great success and wealth from their original product and business ideas. People have alsogained great wealth from borrowing, stealing or adapting from one “original” idea.
The majority of copying and fraud involves software and clothing items.
(Edwards6) One aspect of this is known as bootlegging. this is where someone copies a program, CD, performance, etc., and sells it on the streets. According to Mike Edward’s of the International Federation of the Phonographic Industry claims that world wide CD piracy accounts for 6.5% of the industries annual sales.
A different approach to borrowing one’s idea doesn’t nessacarily copythe product. Instead it involves misleading the consumer. As in one case, the Miller Brewing Company developed a new beer with a label similar to Annheuser Busch’s, who is currently the number one brewer in America. The “new brew” was aimed at taking away sales from “the King of Beers.” (Melcher 37)
Logos are also often copied. A logo is defined as an advertising symbol or message that represents a product or a service. In one case, OJ Simpson has agreed to share marketing rights with the Florida Department of Citrus to use his initial in connection with orange juice. (Wells 1)
Materials can be illegally duplicated in many different ways. This includes everything sharing software, to copying CD’s, to illegal sweatshops. Commercial goodshave either patents which are supposed to protect them from illegal duplication.
Digital technology is becoming a big problem for graphic artists who are trying to protect their creations. Scanners have made it very easy to duplicate images instantly. The creator must apply for a copyright in order to be able to sue for fraud. Images that are not copyrighted are in the public domain. Also, copyrights expire 50 years after the creator’s death. (Baer 163)
China plays a major role in copyright piracy. Officials estimate that China exports about $827 million dollars a year of impostor products. An example of this is shampoo with a familiar American brand label, but containing different ingredients than the US versions.
The world is filled with many ambitious people looking to make a product to help the world and make a living for themselves and their families. These people are known as entrepreneurs. An entrepreneur is someone who organizes and operates a business or businesses while running the risk of losing everything to make money. One might ask why there is a risk ...
Recently, there has been a series of copyright infringement litigations against Internet businesses that are involved with unauthorized distribution of music files. The US recording industry claims to lose three million dollars per year because of piracy. A report predicted an estimated 16 percent of all US music sales, or 985 million dollars would be lost due to online piracy by 2002 (Foege, 2000; cited from McCourt & Burkart, 2003) Even though this claim has to be taken with caution, as it is based on false assumption that if copyright laws were strictly enforced, audio pirates would become buyers, it is apparent that audio piracy grew to a worrisome level for the record industry. (Gayer & Shy, 2003)
Music piracy is the process of copying, or file sharing copyrighted materials illegally. Music theft hurts the artists that bring music to your ears due to the fact that they’re not receiving a decent amount of income because their songs are obviously getting stolen. A survey has identified that 70 percent of all 18 to 29 year olds have pirated music, TV shows, or movies. “Music has been compact and easy to reproduce since the days of sheet music. It is, moreover, intensely social: People want to share it with each other, whether by sending a YouTube URL in the 21st century, trading Grateful Dead tapes in the 20th, or copying sheet music for other singers in the church choir in the 19th” (Berlatsky). Another poll found that 46 percent of all Americans have engaged in piracy (Anderson). Back in the 1980s, music piracy was slightly spotted, when people created things called mixed tapes, however making these did not cost the industry much money. Cases of music piracy highly increased after the compact disc (CD) was created in 1982. One major case of music piracy was affiliated with the heavy metal band Metallica on April 13, 2000. Metallica filed a lawsuit against Napster due to many copyright infringements, and racketeering. The heavy metal band found $10 million worth of damages which is roughly $100,000 per downloaded song. NetPD evaluated Napster’s illegal program, and produced a list of 335,435 users that were downloading and sharing the band’s albums.
A quick research of the AliExpress export website shown a list of 50 companies producing interlocking brick toy with probably 25 companies were doing toy similar LEGO type. Those manufacturers based in Chenghai that is core producer for world reputation toy company like Mattel and Hasbro as well. According the huge demands of valuable box sets produced by LEGO, especially some product line featured licensing animation like Marvel and DC comics super hero. Due to the related movies were keep released in these 5 years, it brings the big noise from market which customers are fascinating with those super hero box sets and it could be higher return investment tools than investment in gold. Therefore, many illegal businessmen of brand like Decool and Coko were targeting this specified customer needs and proceeded mass production regarding this reason. However, infringing patent products were sold in much cheaper price than LEGO and Mega Bloks offer, but they can gain the higher profit also. According this finding, we could see this pattern have been copied by many other China manufacturers. It further leads the vicious circle of plagiaristic toy issue in toy industry even same case happened in other industry like luxury
“Copyright is a fundamental right of ownership and protection common to all of the arts” (O’Hara & Beard, 2006, p. 8). “It is a form of intellectual Property (IP)” and it gives the owner exclusive rights to the copyright (O’Hara & Beard, 2006, p. 11).
With the boom of technology in China and the new capitalism ideas, China also has a huge piracy problem. According to the International Intellectual Property Alliance's 2003 report on China, the piracy problem in China creates $1.85 billion in 2002 alone with 90% piracy rates for all copyrighted materials.5 This piracy problem affects negatively on China's global relations and economic improvements. China's current copyright laws are still in its teenage years, and the fast pace of technological advancement isn't helping either.
Because of its intangible nature, and particularly the increase of the digital domain and the internet as a whole, computers and cyber piracy make it easier for people to steal many forms of intellectual property. Due to this major threat, intellectual property rights owners’ should take every single measure to protect their rights. Unless these rights are either sold, exchanged, transferred, or appropriately licensed for use in exchange for a monetary fee, they should be protected at all cost. In order to protect these rights, the federal and states governments have passed numerous laws and statutes to protect intellectual property from misappropriation and infringement. “The source of federal copyright and patent law originates with the Copyright and Patent ...
The same laws and punishments that apply to making unlawful duplicates in the library or anyplace else apply to the web. Simply think when a motion picture or melody is been delivered, everybody required in the process has monetary benefits from the offer of that item. What many individuals don 't know is that craftsman 's music is item and in addition ensured by the copyright law, in which imply that it can 't be recopied without their authorization. It is a wrongdoing on the off chance that you don 't pay for their music whether you copy it to an album or even an iPod downloading it is a wrongdoing and has outcomes behind it. Regardless of what you look like at it a wrongdoing is a wrongdoing. With regards to downloading there is a great deal of colleges, and partners that do unlawful downloading. While going to University of Memphis , we was educated around two essential gatherings that police used to watch out for partners and the gatherings are known as Recording Industry Association of America (RIAA) and the following gathering is Motion Picture Association of America (RIAA). These two gatherings occupations are to screen downloads and site for copyright infringement. Understudies constitute a specific theft issue since 66% of undergrads who download music couldn 't care less whether the
Trademarks and service marks or brand names which are officially registered in a (at least national) list of trademarks of this legal group may be marked with the registered trade mark, which confirms them the full protection of the trade mark. The registered trade mark symbol is an uppercase letter "R", which is usually represented in smaller letters and is added after the name of the goods and service mark. A trademark serves to identify goods or services using symbols, words, names or a device in order to distinguish from the competition. For example, a well-known name of a product creates trust and represents an economic value. A brand serves to mark the goods or services of a company and thus protects this "good name". This creation of a Trademark ® can take place in different ways as
Shultz II, C.J and Saporito, B. (1996), ‘Protecting Intellectual Property: Strategies and Recommendations to Deter Counterfeiting and Brand Piracy in Global Markets’, The Columbia Journal of World Business, 31(1): pp. 18-28.
Starting and building a prosperous business is an ambition of many entrepreneurial minds and has for
"Entrepreneurship is the ability to create and build something from practically nothing" (Timmons 1). Entrepreneurs should be admired more than anything for
Back in 2007, Institute for Policy Innovation (IPI), published a report by Stephen Siwek. The report primarily focused on the economic impacts of sound recordings piracy on the U.S. economy. Piracy harms legitimate middlemen, media creators, and governments in the supply chain of media products. On the other hand, consumers of pirated media products do not enjoy some of the benefits that one would otherwise enjoy with purchases of legitimate media products (Siwek, 2007). Media products that can be pirated include music, sound recordings, films, TV programs, books, software, and video games among other media products that are produced under copyright laws. Karaganis (2011) defined piracy as unlawful copying and transmission of copyrighted media without authorization from a copyright owner, particularly when an individual intends to use the pirated media for commercial gain or achieve any other unauthorized purpose for which a particular media product is not meant. The legal landscape of piracy is blurred with lack of clear definition of piracy, especially when one backs up copies of media that he or she has legally bought for personal consumption. Despite the legal complexities that permeate into the field of media piracy and intellectual property rights, media piracy portends some adverse economic effects on revenues to media content producers as well the larger economies.
All around the world, people connected to the internet are downloading free digital content through P2P file sharing software. Intellectual property rights are being violated as people are downloading free content through P2P (Peer 2 Peer) networks, and illegal websites online. Production companies can’t do anything about that because developers of this type of software can’t be blamed for what people share.
The success of a business is greatly dependent on its entrepreneur. An entrepreneur is someone who takes the financial risk of starting and managing a new business venture. In order to be a successful entrepreneur, one must be ready to take a risk and invest one’s own savings into a business. The job requires that the individual be ambitious and committed to working hard in order to achieve the set targets. A successful entrepreneur is able to multi-task and communicates effectively with people, possessing leadership qualities such as confidence and motivation. The individual must play the role of constant motivator and inspire employees to improve their work performance, whilst ensuring a comfortable environment for the employees to work in. According to Schumpeter (1982), an entrepreneur is more of a ‘heroic’ than an ‘economic’ figure; his motivation should not solely be monetary, rather stemming more from inspiration and ambition.