Industry Practice: Legal and Economic Frameworks
What is Copyright Protection? Copyright Protection is the law that governs how Intellectual Property may be used by those who are not the proprietors of it, that typically being those who are not associated with its ownership or creation (Gov.UK 2025). Intellectual Property, then, is something created by someone: Intellectual Property may be a product, a piece of art, a story, design or icon (Gov.UK 2025). Intellectual Property may be 'tangible' or 'intangible'. Tangible works represent those that quantifiably exist in a physical sense, being physical products, artworks, books or ideas that physically exist. Intangible Intellectual Property is given similar protection, but exists in a none-physical sense. Nonetheless, these pieces of Intellectual Property still bear monetary value, as they represent a potential for monetisation or may constitute a part of a wider piece of Intellectual property. In the UK, Copyright protection is assigned automatically and does not requ...