ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Copyright (or author’s right) is a legal term used to describe the rights that creators have over their literary and artistic works. Works covered by copyright range from books, music, paintings, sculpture, and films, to computer programs, databases, advertisements, maps, and technical drawings.

Detailed explanation-2: -What are author’s rights? All authors, by definition, have their works protected by a series of rights which give them the complete and exclusive capacity to exploit these same works. These rights are known as ‘copyright’. There are two different types of copyright: moral rights and economic rights.

Detailed explanation-3: -Copyright is a type of intellectual property that protects original works of authorship as soon as an author fixes the work in a tangible form of expression.

Detailed explanation-4: -Who is an author? Under the copyright law, the creator of the original expression in a work is its author. The author is also the owner of copyright unless there is a written agreement by which the author assigns the copyright to another person or entity, such as a publisher.

Detailed explanation-5: -Under Section 17 of the Copyright Act, 1957, the author of a work is the first owner of Copyright. This rule under Section 17 of the Copyright Act, 1957 regarding the Ownership and Authorship of Copyright, is subject to certain statutory exceptions.