intellectual property

(redirected from Information goods)
Also found in: Dictionary, Thesaurus, Legal.

intellectual property

(legal)
(IP) The ownership of ideas and control over the tangible or virtual representation of those ideas. Use of another person's intellectual property may or may not involve royalty payments or permission, but should always include proper credit to the source.

Intellectual Property

 

a legal concept encompassing copyrights; rights relating to the activities of performing artists, sound recordings, radio and television broadcasts; invention and patent rights; rights to scientific discoveries; rights to industrial models, trademarks, firm names, and commercial designations; and protection from unfair competition; as well as all other rights relating to intellectual activities in industrial, scientific, literary, and artistic fields. The concept came into international use in the 1960’s. In 1967 a convention was signed in Stockholm establishing the World Intellectual Property Organization. The convention went into force in 1970. As of Jan. 1, 1972,25 states had joined the convention, including the USSR, the Ukrainian SSR, the Byelorussian SSR, Bulgaria, Hungary, Rumania, the German Democratic Republic, Czechoslovakia, Great Britain, the Federal Republic of Germany, and the USA.

intellectual property

Intellectual property refers to the proprietary assets of an organization. In the computer field, hardware circuits, software and text are copyrightable. Depending on the situation, the algorithms used within hardware circuits and software may also be patentable, and brand names can be trademarked as long as they are not generic descriptions. However, intellectual property (IP) covers more than just copyrights, patents and trademarks; for example, customer databases, mailing lists, trade secrets and other business information are also included.
References in periodicals archive ?
information goods will be much more difficult to exclude (and thus to
Information goods are available for all to use and are common
Experiential interventions in IA flows, therefore, take the form of manipulating the structure or architecture of information goods to encourage or constrain consumer behavior in ways that enhance IA scarcity and facilitate rent appropriation.
Aggregation and disaggregation of information goods: Implications for bundling, site licensing, and micropayment systems.
Information goods tend not to be "excludable" because one cannot easily prevent others from consuming even when they do not pay for the good.
When information goods exhibit both supply-side economies and network effects, the interaction is particularly powerful.
Technologies involving the assignment of user or platform identifiers, enforced through hardware-based user identification such as the PSN, can give providers of information goods extensive new capabilities.
But there is one answer they don't give: it is special because the invisible hand of the market may do a much poorer job of arranging and controlling the economy when most of the value produced is in the form of information goods.
As a preliminary reality check, I asked my students to search the index of the local Yellow Pages to identify evidence of the information sector, i.e., "the part of the economy that produces, processes, and distributes information goods and services" (Hedley, 1992:20).
They are concentrating their holdings, the better to exploit the domestic market and to penetrate the international market with information goods and services.

Full browser ?