THE IMPORTANCE OF INTELLECTUAL PROPERTY IN MODERN SOCIETY
THE IMPORTANCE OF INTELLECTUAL PROPERTY IN MODERN SOCIETY

Summary/Abstract: Intellectual property is a collective name for subjective rights in connection with intellectual creations as intangible goods. It includes copyright and related rights, as well as industrial property rights. The protection of intellectual property encourages creativity, but also economic activities. Intellectual property protection is one of the most harmonized areas of law. Intellectual property protection laws in most countries of the world follow the same principles and differ only in nuances. Several international treaties regulate interstate aspects in the protection of intellectual property. The importance of intellectual property in modern society is confirmed by the existence of the World Intellectual Property Organization (WIPO), which acts as a specialized agency of the United Nations. This means that modern society enables the quality implementation of intellectual property on a legal basis into national legislation. The aim of this paper is to raise the level of awareness of the importance of social implementation of intellectual property to a higher level.

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