Economics and Intellectual Property in Human Rights Perspective

Abstract

In Intellectual Property Rights (IPR) there are two types of rights: moral and economic. Moral rights are always attached to their owners, while economic rights can be transferred to other people. Economic rights are often exploited in the form of licensing, franchising and distribution agreements. These three agreements are the main basis for obtaining royalties which are identical to economic rights. The manifestation of economic rights is in the form of income for the owner. Economic rights in IPR, especially in trademark rights cannot be separated from human rights, because human rights consist of many rights, including in the field of economic rights. The exploitation of economic rights must be in harmony and balance with the implementation of human rights which highly upholds equality degrees individual.