Published online by Cambridge University Press: 12 June 2017
Legal protection of intellectual property is a requisite to the commercialization of the intellectual property and to the conferring of proper reward to the true owner of the property. Simplistically stated, this situation with regard to intellectual property is no different from the legal protection of a variety of properties, for example, home, land, or automobile. Laws have been established in the various countries of the world that are structured specifically to attain the desired goal of legally protecting property interests. In the intellectual property field, wherein we talk about property such as new inventions, we enter an area of not only protecting the legal rights of the property owner but also insuring the position of the public with respect to the eventual unlimited use of new inventions.