International Journal For Multidisciplinary Research
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Volume 6 Issue 6
November-December 2024
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Decriminalization of IP Offenses: Navigating the Nexus of Innovation and Legal Reform
Author(s) | S. BHAVYA SHREE, VENKATESWARAN |
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Country | India |
Abstract | The decriminalization of Intellectual Property (IP) offenses represents a pivotal shift in legal frameworks aimed at fostering innovation while simultaneously safeguarding the broader public interest. The debate on decriminalization has gained momentum as digital technology transforms the landscape of creativity and innovation. Proponents express that decriminalization can foster a more business-friendly atmosphere by alleviating the fear of criminal prosecution, thus encouraging entrepreneurs and innovators to engage with IP systems more freely. Replacing criminal sanctions with civil remedies, such as fines and administrative penalties, promises faster enforcement and reduced litigation costs. Nonetheless, this transition raises significant concerns regarding the sufficiency of civil penalties in deterring intentional violations of IP rights and upholding strong IP protections. The paper explores whether civil remedies can sufficiently safeguard IP rights without diminishing the deterrent impact traditionally maintained by criminal prosecution. The paper contends that decriminalization may foster innovation by lowering legal obstacles but it must be carefully executed to avoid undermining the protective framework essential for sustaining fair competition. By analysing India’s international position and the IP protection model adopted by other countries this paper analyses whether such a shift in the legal protection framework is advantageous or detrimental to a nation’s innovation ecosystem and legal order. |
Keywords | IP, decriminalization, civil remedies, criminal remedies |
Published In | Volume 6, Issue 6, November-December 2024 |
Published On | 2024-11-22 |
Cite This | Decriminalization of IP Offenses: Navigating the Nexus of Innovation and Legal Reform - S. BHAVYA SHREE, VENKATESWARAN - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.31135 |
DOI | https://doi.org/10.36948/ijfmr.2024.v06i06.31135 |
Short DOI | https://doi.org/ |
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