In the online world, Intellectual property law is designed to protect the legitimate rights of those who produce original works and thus provide incentives for that work. Intellectual property is protected through laws on copyright, patents and trademarks. In most cases, the impact of loss on the internet is greater because internet is borderless and infringing materials can travel across different geographical regions within few seconds. Detecting infringement of Intellectual Property Rights is fairly a complex task. Both online as well as offline world.
The rapid growth of the digital economy, enabled by broadband penetration, and coupled with increases in computing power and storage, creates global markets for content and rights holders. But it also creates a threat that — without adequate controls — piracy will damage the creative industries. The discussion paper on which this article is based, “Intellectual property rights in today's digital economy", therefore focuses in particular on the ways that the growing digital economy is impinging on copyright.