The Dark Side of Intellectual Property

Abstract

Legal scholars emphasize the natural rights of creators, noting that individuals have a right to protection of their productive labor. These philosophies have been the genesis of recognizing intellectual property rights. The original concept of IP was that everyone who had played a part in creating something that is in the mind makes some sort of profit. A lot has been written about the advantages of Intellectual property and the need to protect it. However there are always two sides of a coin, IP is no exception to this and has its own set of drawbacks.