Intellectual property laws were initially created to protect creators and foster innovation. Today, some may argue that these laws are used by large corporations to wield unfair competitive advantage against other companies, to the detriment of consumers. Is the current structure of IP law still relevant in today's world?

Please be sure to validate your opinions and ideas with citations and references in APA format.

Instructions:

Please respond to a minimum of two peers. Include in your response:

• What effects would there be from these specific changes in IP law?
• What would be the unintended consequences?
• Would this grow or slow the speed of innovation?

Please be sure to validate your opinions and ideas with citations and references in APA format.

Answer rating: 100% (QA)

Intellectual property laws originally designed to protect creators and encourage innovation have indeed evolved over time While they still serve these foundational purposes criticisms have emerged reg... View the full answer