4th round of Industrial Revolution age - A Study Focused on Intellectual Property Rights about Alternative human being's Performance

2017 ◽  
Vol 10 (1) ◽  
pp. 77-94
Author(s):  
Young Mee Jung ◽  
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Industrial Revolution

scholarly journals Tantangan Penegakan Hukum Hak Kekayaan Intelektual dalam Pengembangan Ekonomi Kreatif di Era Revolusi Industri 4.0

2021 ◽  
Vol 7 (1) ◽  
pp. 54
Author(s):  
Hari Sutra Disemadi ◽  
Cindy Kang
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Industrial Revolution ◽  
Public Awareness ◽  
Rapid Development ◽  
Psychological Impact ◽  
Legal Protection ◽  
Creative Economy ◽  
Human Thinking

Currently, the world is facing changes in the industrial world which can be called the Industrial Revolution 4.0, and this phenomenon has a significant impact on industrial life, namely in the form of rapid technological developments. The rapid development of technology has resulted in a new term ‘creative economy’ in which creativity and human thinking are applied. Intellectual Property Rights play a very important role in the creative economy, and the state must provide legal protection for intellectual property as a form of appreciation to creators/inventors for their efforts and hard work in producing new innovations, and minimizing the occurrence of intellectual property rights violations. However, in practice, there are several challenges and difficulties in enforcing laws related to intellectual property rights in Indonesia. This scientific journals uses normative research methods, based on written regulations and literature studies that examine aspects of theory, structure, and legal explanations. The main problems that occurs in Indonesia is the lack of public= awareness and education regarding intellectual property, and this problem can be the root of other problems. The protection of intellectual property rights in Indonesia not only provides a sense of security and legal certainty for creators/inventors, but also provides a psychological impact and increases the enthusiasm of creators/inventors to continue to innovate.

scholarly journals Intellectual Property Rights And Developing Countries

1970 ◽  
Vol 1 (3) ◽  
pp. 43-46 ◽  
Author(s):  
Arif Hossain ◽  
Shamima Parvin Lasker
Keyword(s):  
Economic Growth ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Poverty Reduction ◽  
Industrial Revolution ◽  
Legal Aspect ◽  
Developed Countries ◽  
Least Developed Countries ◽  
The North

Knowledge is the multidimensional outcome of human intellect. Intellectual Property Rights system (IPRs) is considered from economic and legal aspect as the ownership rights for the excessive use of innovation and creative work. IPRs are measured to encourage innovation, promote investment in S&T and make the technologies for public benefit. But history shows that from the time of industrial revolution in Europe and during twentieth century in the North America and Japan, IPRs contribute to the S&T driven economic growth. Therefore, there is a fair and consistent relationship between strength of IPRs and per capital income. A recent study of World Bank suggested that the major beneficiaries of IPRs in terms of enhanced value of patents are the developed countries with USA along made an annual gain of US $ 20 billion while developing country face an annual loss of 7.5 billion on royalties and license fees. Moreover, for the developing county, while indigenous technological capability is a significant determinant to economic growth and poverty reduction, no exact relationship has been established between the IPRs and economic growth. Developed countries and business corporations who are benefited directly from IPRs regime insist on implementation of strong IPRs for all countries. Need for strong IPRs for developing and least developed countries are discussed. Strong IPRs for all countries whether it leads to transfer of wealth from poor countries to rich countries to further widen the economic divide is a major ethical concern. DOI: http://dx.doi.org/10.3329/bioethics.v1i3.9633 Bangladesh Journal of Bioethics 2010; 1(3): 43-46

scholarly journals Copyright Protection towards the Society 5.0

2021 ◽  
Vol 56 (2) ◽  
pp. 394-404
Author(s):  
Anis Mashdurohatun ◽  
Adhi Budi Susilo ◽  
Bambang Tri Bawono
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Social Life ◽  
Industrial Revolution ◽  
Legal Protection ◽  
Copyright Law ◽  
Moral Rights ◽  
Protection Measures ◽  
Study Results

Technology business competition leads to the order of social life to solve challenges through a combination of innovations from various elements found in the industrial revolution 4.0 towards Society 5.0. One form of Intellectual Property Rights is Copyright, which has the widest scope of protected objects since it includes science, art, literature, and computer programs where artificial intelligence will transform millions of data collected via the internet into increasingly complex wisdom to consider a technology that can bring benefits but is also a "threat and challenge" towards the gate of Society 5.0. This research aims to determine the protection of copyright law towards the gate of society 5.0. The research method used is normative juridical. Literary law research is legal research conducted by examining library materials or secondary data based on the principles, theories, doctrines, prevailing laws, and regulations. The study results found that the Copyright Law has not accommodated Society 5.0, especially economic rights for its creators. Article 6 is only to protect moral rights through Copyright management information and electronic information on Copyright. There is a need for the state's role, which functions as a regulator, provider, and counterweight, to adjust the rules to follow technological developments towards the gate of society 5.0, which does not mean changing all current legal products but is adaptive to existing legal instruments as legal protection measures to face a new chapter of intellectual property rights.

scholarly journals Objects of Intellectual Property Right in the Accounting System

2021 ◽  
pp. 20-28
Author(s):  
Natalia Skorobogatova ◽  
◽  
◽  
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Information And Communication Technologies ◽  
Intellectual Property Rights ◽  
Industrial Revolution ◽  
Intellectual Property Right ◽  
Accounting System ◽  
Software Products ◽  
Information And Communication ◽  
Investment Object

The rapid introduction of software products and other objects of intellectual property rights in the context of the fourth industrial revolution requires the improvement of methodical approaches to identifying the costs of their acquisition and creation. Such approaches will allow unambiguously determining the corresponding costs in the accounting system and reflecting them in the financial statements. The purpose of the article is to disclose the essence and identification of criteria for the recognition of intellectual property objects in the accounting system, taking into account the specifics of the use of information and communication technologies. Based on the analysis of domestic regulatory and methodical documents regulating the accounting for intangible assets, and international accounting standards, a number of inconsistent points have been identified on identifying the costs of acquiring and creating intellectual property objects and the conditions for their inclusion in current expenses or the initial cost of fixed assets. For the purpose of justified identification of these costs as an accounting object, the criteria for recognizing costs for the acquisition and creation of intellectual property objects have been systematized using the example of software products. The approach proposed by the author will contribute to the reasonable formation of the corresponding costs and their reflection in the accounting and reporting of the enterprise. Based on this, it will be possible to determine the objective financial results of the enterprise and evaluate its value. It was also proposed to apply a unified approach to determining the value of an object of intellectual property rights as an object of accounting and an investment object. This will allow introducing a unified monitoring system for long-term expenses in the accounting of the enterprise.

scholarly journals The 4th Industrial Revolution Requires Strong Intellectual Property Laws: Where does Thailand Stand?

2020 ◽  
Vol 17 (12) ◽  
pp. 1294-1306
Author(s):  
Nucharee Nuchkoom SMITH
Keyword(s):  
United States ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Industrial Revolution ◽  
Technological Development ◽  
The United States ◽  
Intellectual Property Right ◽  
World Intellectual Property Organization ◽  
The World

Strong and fair intellectual property rights legislation is an essential foundation for the 4th industrial revolution. It is required to protect the increasingly rapid advances in all areas of technology and science as well as the pursuits of human endeavor. At the same time, countries must be allowed to adopt measures necessary to protect public health and nutrition and the public interest in sectors of vital importance to the socio-economic and technological development. Thailand is covered with the intellectual property treaties under both the World Intellectual Property Organization and the World Trade Organization. This paper describes the protections afforded under Thailand’s intellectual property laws. The analysis shows that the coverage of the Thai legislation is extensive and fairly robust-protecting the intellectual property rights of Thailand as well as those of the wider world community. However, there are some shortcomings. Copyright protections still do not fully protect performer’s rights. It has been argued also that the protection of the rights of breeders of new plant varieties should be enhanced and fashion designs specifically protected. Copyright violations are by far the major infringement of intellectual property right laws. This requires a rigorous and consistent enforcement regime. It must be acknowledged that the enforcement has improved over the last few years. This has been recognized by the United States Trade representatives who, in December 2017, moved Thailand from the priority Watchlist to its Watchlist because the country is able to resolve issues in and engage on intellectual property issues with the United States.

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