Test 1 (1-4) Flashcards
Copyright
A form of property ownership for certain types of artistic and creative works
Two categories of property
- Real property
2. Personal property
Real Property
Protects land or things that are built on land (houses and buildings)
Personal Property
Everything that can be owned other than real property (a car)
Intellectual Property
Products of the mind (copyrights, patents, trademarks)
What property has copyright protection?
Intangible property- cannot be possessed by anyone but can be owned
Can you posses a song?
No, but you can own one
How are copyrighted works embodied?
Physical objects, which can be possessed (Sheet music, mp3, tape, recording)
How many people can infringe on a copyright at a time?
More than 1 person
How did copyright originally work?
It involved only the right to copy literary works and applied only to printed material
5 rights
Reproduce, Adapt, Distribute, Publicly perform, Publicly display
License
How permission to use a work is granted- an agreement or contract stating how the work may be used and what compensation the copyright owner will be paid for allowing the use
Royalties
The compensation paid to a copyright owner under a license- a percentage of the price paid for the use
Act of possession
The way most property rights arose
What happens when the work is open to the public?
It is free for their use
The author
Decides if the works should be made available
Is copyright and unlimited right?
No, but it has limitations
Fair Use Defense
Allows people copyrighted works without permission and without paying for their use in certain circumstances, thereby preventing copyright from acting as a deterrent to free speech
Author’s right
A morally entitled to control and exploit the products of the author’s intellect
(Advocate for this right- John Locke)
Utilitarian’s right
To encourage the widest possible production and availability of artistic works
What is copyrights justification?
It is necessary to ensure that creators have sufficient incentives
Are intellectual property rights absolute?
NO
What kind of monopoly is copyright?
Limited monopoly granted for a specific period of time
Public Domain
What all copyrighted works eventually fall under
Copyright limitations
- Original works of authorship
- Protects only expression, not ideas
- Certain uses of copyrighted works are permitted without the copyright owners consent
What is a criticism that is aimed to copyright law?
That is does not really provide much incentive for authors to create
What is the balancing done in copyright law?
Providing sufficient incentives to authors to create works while assuring that the public can have access to those works
What is the goal of copyright?
To assure the greatest possible production and availability of creative works
What is copyright law based upon?
The utilitarian philosophy
US Free Markets System vs other countries
US- profits are the just reward
Other- profits should be shared within society
20 year extension
- To preserve many valuable copyrights (Mickey Mouse-about to expire)
- To bring the term of American copyright protection in line with many European countries
Patents
Provides protection for inventions, discoveries, and product designs. Must be novel and non obvious. Greatest protection- lasts only 20 years
Trademarks
Any word, name, symbol, or device or any combination used to identify products or services. Intended to benefit the public by preventing customers from being misled or confused as to the source of goods and services
Trade Secret
Any business information that is kept secret and gives a business a competitive advantage
What is more important that physical commodities?
Intellectual property
Challenge of copyright to the economy
To accomodate technological advances while still guaranteeing that creators and producers have the right to control and profit from the use of their creations
How were creative works communicated before copyright?
Orally
What happened in 1436?
Johannes Gutenberg created the printing press-more literary works were made available (printing press=internet)