Intellectual property is an umbrella term that covers copyright, patents, trademarks, designs, and confidentiality and trade secrets. Each of these terms covers a different type of property that is made up of knowledge. Many of these terms cover physical objects, however it is the idea behind them that counts and needs to be protected. The growth of the Internet has put pressure on traditional intellectual property protections such as copyright and patent. Some forms of information, when made accessible on the Internet, are easily copied. Subsequently the costs of copying are low and because copying is often anonymous. As an every coin has two sides, this essay will focus on advantages and disadvantages of intellectual property law on the Internet.
The above terms are all for different types of intellectual property. For instance patents are for products, trademarks are for works, logos and pictures. Design rights are for the shape of something. Copyright is for literacy, such as music, film, multimedia and computer programs. First of all, for all of the above intellectual property terms, except from copyright, you must apply for the license and have it approved by the appropriate people and groups. The reasons of these laws need to change is because people are stealing large amounts of intellectual property in the form of music and movies, and the culture of the new generations has become one of internet surfing, downloading and hacking because of that there are many advantages and disadvantages to intellectual property laws and how it is used in the digital age. All of this means that governments and interests groups are making lots of attempts to move intellectual property laws with the times. However, with the speed of the Internet age, it is almost impossible for the laws to keep up. Secondly, a big part of intellectual property is money. The original concept of intellectual