Wednesday, April 28, 2010

Digital Property Right

In this post I want to write a Little bite a bout digital property right which is very important for online business. Much like reale properly right ,digital property supported by three basic mechanisms.Patent law is concentrate on producing or reproducing a new digital inventions and support inventors right .Copyright addresses the right to publish or duplicate expressions of ideas .Trademark is concerned with word or images used to identify products in the market. However the boundaries between them have been modified by legislation an courts. For better understanding of digital property right
Advertising rights. In the physical world, a property owner can earn revenue by selling advertising space on billboards, marquees, kiosks, signposts, even wall space. Likewise, the Internet is ripe with opportunities for enterprising individuals and businesses to target potential clients through advertising on websites, message boards, 3-D virtual environments, and other online real estate space.
Mining rights. Similar to a landowner in the physical world offering the rights to minerals and other natural resources that exist on a parcel of land, online real estate frequently contains underlying resources that can make it extraordinarily valuable. In the context of online property, these resources exist in the form of data. Data can be mined from online property in a number of ways that can be beneficial to business interests, academic researchers, the medical community, and many other professional fields.
Application rights. A property owner in the physical world can make arrangements with businesses to operate valuable equipment on a piece of real property. Software applications in the digital world can be thought of like physical equipment. The rights to operate applications in an online space can add value to the online property and create significant business opportunities for the applications’ owners.


Utility rights. Utilities associated with real property are the “tools” that make the property useful and productive – electricity, water lines, and telecommunications lines among them. The digital world has its utilities as well. Discreet software functions, such as file converters, calculators, voice over Internet protocol (VoIP), and defragmentation programs, among others, form a digital “tool belt” that can help make online real estate space more valuable and productive. The opportunity to supply digital utilities to online property spaces represents real revenue potential for software developers.
Service rights. The need for third-party contractors to offer services to support business ventures exists in the digital world just as it does in the physical world. Many online real estate spaces will benefit from access to services like data backup, printing and publishing, and network administration. Providing these services in the online environment represents an excellent revenue stream that is ready to be tapped by entrepreneurs in the digital world.


Commerce rights. The exchange of good and services for money are the basics of commerce in both the physical world and the digital world. In online real estate spaces, enterprising business owners will have the ability to earn profits by placing such things as pay-per-view content (including audio, video, graphics and text files) and vending portals within easy access of visitors to those online environments.
“Flow” rights. Landowners in the physical world also hold certain rights to those things that flow through their real property – natural resources such as water, petroleum, and natural gas. The digital world sees similar “flows” of resources from one online space to another. These resources include data, information, user traffic, and monetary funds. The ability to monitor or even control or regulate these flows of digital resources can be valuable to properly-equipped businesses, and many online real estate owners will be eager to work with those who can offer the tools to tap into these flows.
References:
http://digitalpropertyregistry.org/DigitalRightsDefined.html

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