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ROLE OF INTELLECTUAL PROPERTY IN DEVELOPING KNOWLEDGE ECONOMY—“LEADERSHIP AND INNOVATION/ BUSINESS INTELLIGENCE AND INNOVATION”

Nasser bin Ahmed bin Mubarak Al Saadi

ABSTRACT

Systems related to intellectual property which motivate innovation play a vital and controversial role in knowledge Economies. Artificial Intelligence poses pivotal challenges to systems of intellectual property which are based on humanity. This research analyzes the complicated issues related to intellectual property rights in the presence of increasing innovations of Artificial Intelligence which have increasing independence. It explains also the reasons for exclusivity of intellectual property and discloses them considering criticisms related to excessive monopolism. Main points are focused on compatibility of smart production with standards of intellectual property which are based on human, rights and responsibilities Artificial Intelligence systems, and mechanisms of customizing knowledge goods for Artificial Intelligence. The promising legal points of view are discussed in order to achieve balance between protection and access including adapted structures of innovation and designed protections. Furthermore, motives of economy, auxiliary procedures and mechanisms of forming the market are explored as political tools for motivating the collective innovations which are useful for everyone. It has been focused on fixing bases of responsibility to remedy the algorithmic damages with supporting innovation. The research is concluded by the main results and recommendations which emphasize making policies related to intellectual property rights based on evidence in presence of Artificial Intelligence taking into account exclusivity, spreading, cooperation and ethics in order to enhance the consumer interest. The research provides arguments showing that systems of intellectual property can through careful governance play an important role in directing progress of Artificial Intelligence towards comprehensive economic and social prosperity.