Innovation and intellectual property concerns go hand in han

Innovation and intellectual property concerns go hand in hand. Generally, what are the arguments for and against allowing temporary monopolies by allowing intellectual property rights? In your opinion, how should ‘temporary’ be defined? Which side do you agree with more? What types of inventions/innovations should fall under the umbrella of each of these types of intellectual property protections: patents, copyright, registered trademarks, design rights, and design registrations. Give specific examples. Also, consider if current technology inventions/innovations are being covered by the wrong type of protection; if so, give specific examples and detail what, if any, type of protection they should fall under. Last, are current US intellectual property laws appropriate? If not, how would you change them, and why?two – three pages are more than enough