- Published: Thursday, 03 January 2013
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The signing of the Oslo peace agreements between Israel and the Palestine Liberation Organization opens the road for social, economic and cultural development within Palestinian society. The laws created by the Palestinian Legislative Council must not only reflect this hope but ensure that such progress can take place in a speedy and efficient manner.
There are two primary reasons why countries have laws which protect intellectual property. One is to give statutory expression to the moral and economic rights of creators and rights to the public to those creations. Secondly, legal protection promotes creativity as well as its dissemination and application, and encourages fair trading which in turn contributes to economic and social development. The second of these two reasons is the main motivating factor for protecting intellectual property rights by legislation and common law in developing countries, for several reasons.