Saturday, July 6, 2013

General Principles of I.P.

NATURAL RIGHTS PERSPECTIVE (Labor Theory) 
According to this theory, the fruit of one's labor are one's own. Locke also believes that ownership is necessary for production. 

PERSONHOOD PERSPECTIVE 
The theory claims that private property is necessary to achieve self -development. 

ECONOMIC INCENTIVE THEORY
 The theory suggests that every creator should be given some form of incentive to produce more of its work. This encourages innovation. 

Easy to remember...

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