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Cards (13)
Piracy
The legal
copying
of original music/books/patent rights/trademarks without the rightful owner's
permission
Pirated goods
Unauthorised copies of copyright material such as
DVDs
or
CDs
Consumers no longer
value
the worth and
quality
of genuine products sold by businesses
Business image and
reputation
can be damaged by
inferior counterfeit
goods
Piracy
occurs
Businesses producing the original goods have their profits
reduced
Piracy occurs
Deprives the original artist of his/her
income
People buy
pirated
copies
Contribute to the problem for
businesses
Businesses experience a
decline
in
sales
Due to copied or
imitation
products being
distributed
Businesses experience impact from
piracy
May be forced to implement
price adjustment
strategies to reduce the impact on its
sales
figures
Businesses experience impact from
piracy
Will spend money if they need to take legal action against people who copy their
products
or
music
Copyright
The owner of
intellectual property
has the right to produce and copy the
intellectual property
Businesses can sue someone who
infringes
the
copyright
1. Sue someone who sells or
distributes
work that they knew were
infringements
of copyright
2. Take
legal
action against people who copy their
products
Patent
Exclusive right to make use of or sell the invention or a product made an invented process for a
limited
period of time
Businesses can take out a
patent
for new inventions
1. Include a sample of their invention with
application
2. Register a
patent
with the patent's office in South
Africa
3. Invention must comply with the Patent Act No.
57
of 1978