000042114 000__ 02153cam\a22002535i\4500 000042114 001__ 42114 000042114 003__ SzGeWIPO 000042114 005__ 20240708145900.0 000042114 008__ 200625s2020\\\\sz\\\\\\r\\\\\000\0\eng\d 000042114 040__ $$aSzGeWIPO$$beng$$erda 000042114 041__ $$aeng 000042114 1001_ $$aOnyeagbako, Victoria 000042114 24503 $$aJustifications for Copyright and Patents Protection 000042114 264_1 $$aOwerri, Nigeria :$$bMy Intellectual Property Law Guide,$$c2020. 000042114 300__ $$a17 pages 000042114 336__ $$atext$$btxt$$2rdacontent 000042114 337__ $$aunmediated$$bn$$2rdamedia 000042114 338__ $$avolume$$bnc$$2rdacarrier 000042114 520__ $$aThe various fields of intellectual property law (IPL) have massively developed or expanded and have attracted global attention. The development of commercial aspects of intellectual properties and consequent high rate of infringement led to the clamour for protection and recognition of intellectual creations as property rights. There are numerous theories justifying the protection of intellectual property rights (IPRs) and monopoly accruing to right- holders by virtue of IP protection. Consequently, some of these schools of thought have been largely criticised in that the protection afforded to IPRs arguably occasion more harm than good by stifling the growth of prevalent national and international trade relations, through the grant of monopolies to right- holders. Various theories have been propounded in justifying copyright and patents protection. This article critically analyses four major theories of justification; prevention of deceitful and fraudulent practices, moral/ natural right, incentive/ reward and human rights theories. The various justificatory strands of these theories are discussed in identifying the strengths and weaknesses of each theory. This article suggests that there is not one all- encompassing theory of justification for the protection of copyright and patents. It establishes that these theories are neatly intertwined in substance. Notwithstanding varying rationales behind every theory, the importance of intellectual property protection afforded right- holders remains constant. 000042114 525__ $$aPublished in : AIPLA Quarterly Journal 000042114 605_0 $$aPatent 000042114 650__ $$aCopyright 000042114 650_0 $$aJustification 000042114 650_0 $$aIntellectual property rights (IPRs) 000042114 85641 $$uhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=3596193$$yView this resource 000042114 904__ $$aJournal article 000042114 980__ $$aBIB