Property rights

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Related to Property rights: Intellectual property rights

Property rights

Rights of individuals and companies to own and use property as they see fit and to receive the stream of income that their property generates.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Property Rights

The legal protection by a government of the ability for an individual or a corporation to own real estate and personal property. Nearly every theory of economics (with the exception of some more extreme versions of socialism) state that property rights are a necessary condition for successful, economic development. However, property rights are rarely absolute. For example, a government may exercise eminent domain over real estate to build something for public use.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The document is aimed at development and strengthening of cooperation in protection of intellectual property rights and traditional knowledge.
He said the IPO-Pakistan was creating awareness about IPR in the country with organizing different walks and seminars as in Pakistan, industries are unaware on how to use intellectual property rights to help themselves grow and this is an issue which needs urgent attention.
The lube shop sued based on inverse condemnation, contending the unrepaired sinkhole amounted to a government "taking" of its property right to have accessible customer access.
Al Obaidly expressed EIPA's commitment towards creating strong partnerships with various government entities to further strengthen efforts in the protection of intellectual property rights, which is considered a strategic priority of the goals and objectives of UAE Vision 2021 to build a sustainable and competitive economy and maintain a secure and happy society.
The country's ranking has been included in the International Property Rights Index (IPRI) 2018 of the Property Rights Alliance.
The new concept of IPRs based nation is gaining ground because it is Intellectual Property Rights that enables technology creation and technology transfer by providing the necessary enabling environment.
LAHORE -- The Lahore Chamber of Commerce and Industry has called for making intellectual property rights (IPRs) an essential part of the businesses, saying that IPRs are the most valuable asset for businesses in the West but here in Pakistan still a lot of work has to be done.
Islamabad -- Allama Iqbal Open University (AIOU) held a national seminar here at its main campus to promote awareness among the people about the intellectual property rights.
ISLAMABAD:Allama Iqbal Open University (AIOU) held a national seminar here at its main campus to promote awareness among the people about the intellectual property rights.
He says the celebration must be a day of reflection to enhance [intellectual] property rights in Liberia.
The main topic discussed at the meeting was the state of protection of intellectual property in BiH, especially the autochthonous products and strengthening of the system of combating violations in terms of intellectual property rights.
Though clearly utilitarian in its desirable ramifications for the usage of scarce resources (those using the land for productive purposes without complaint by prior claimants are thereby made owners of the land), (1) this convention might easily clash with a Lockean-libertarian scheme of property rights, in which unowned resources, once appropriated, customarily may never be reappropriated (except in the case of explicit abandonment), having been permanently taken out of the commons.

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