Copyright is fundamentally a private right. You the copyright owner must decide how to make use of your copyright work and how to implement your copyright. A copyright owner can decide whether or not there will be any use of the copyright work falling inside the scope of the economic rights and, if so, whether he or she will use the copyright work and/or certify one or more other people to use the work.
A copyright owner can also advantage from copyright by selling or agreeing a transfer of copyright to someone else. Many of the options obtainable to a copyright owner will involve contractual agreements which may be just as important as the rights provided by copyright law. The right contractual agreement can minimize the odds of a dispute over use of your copyright work. As a copyright owner, you may also like to consider the benefits of belonging to an organization representing the copyright owners in the area.
Copyright protection provides a vital encouragement for the creation of many intellectual works. Without copyright protection, it would be easy for others to exploit these works without paying any royalties or compensation to the owner of the work. Copyright therefore encourages enterprise and creates a favorable climate to stimulate economic activity. Copyright protection provides benefits in the form of economic rights which entitle the creators to control use of their literary and artistic material in a figure of ways such as making copies, performing in public, broadcasting, use on-line, etc. and to obtain an appropriate financial reward. Creators can therefore be rewarded for their creativity and investment.