The concept of Ownership
arose from the time man started continuous exercise of his rights over a
particular thing for his own benefit.
This enjoyment of rights resulted in paving a concrete base for the Right
of property. The concept of property right grew from time to time and man
extended his right over almost all available objects including fellow human
beings.When man found out that his
intellect is capable of bringing out monetary and moral benefits to him he
started the practice of protecting Property arising out of his intellect by way
of Copyright for his literary artistic dramatic and scientific works ,Patents
for inventions ,goodwill by way of Trademarks . Intellectual Property rights as
a statutory right was recognized as early as in 18th century where Statute
of ANN an act of the Parliament
of Great Britain, in 1710 was enacted for of protection of intellectual
property rights in books (today's copyright ) . Though by the Licensing Act of 1662 copying
restrictions were authorized by Stationers' Company, a guild of printers. The Statute of Anne was the first statute to provide copyright regulation by the government and courts, rather than by
private parties.
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