When used in business practices, technology can ensure the competitiveness of companies and other companies. But the cost of achieving, inventing or using technology, called intellectual property, is very high. Therefore, many societies, such as the United States, Europe, and Taiwan, would give the government protection from this investment, through the granting of patent, exclusive rights. This protection enables companies to invest in technical costs that can be recycled, thus encouraging innovation. But there is another point, too, that patent overprotection can hamper innovation.
All non-believers, who don't think that "rock and roll" is dead, should examine today's music charts. Whether its Billboard or Rolling Stone or America's Top 40, the top of the charts are ruled by such artists as Rihanna, Lil' Wayne, Kelly Clarkson, Bruno Mars, and LMFAO, not just one rock artist within the bunch.
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