2. WHAT IS INTELLECTUAL
PROPERTY ?
• Intellectual property (IP) is a term referring to a number of distinct
types of creations of the mind for which a set of exclusive rights are
recognized and the corresponding fields of law.
• Under IPR, owners are granted certain exclusive rights to a variety of
intangible assets, such as musical, literary, and artistic works; discoveries
and inventions; and words, phrases, symbols, and designs.
• Monitored by World Intellectual Property Organization (WIPO),
Switzerland.
3. Intellectual Property
Intellectual property (IP) is a category of property that includes
intangible creations of the human intellect, and primarily
encompasses copyrights, patents, and trademarks.
4.
5. Intellectual Property Rights
Intellectual Property Rights (IPRs) are legal rights that protect creations
and/or inventions resulting from intellectual activity in the industrial,
scientific, literary or artistic fields.
The most common IPRs include:
1. Patents
2. Copyrights
3. Trade secrets.
4. Trademarks.
6.
7. PATENTS
A patent is a set of exclusive rights granted by a sovereign state or
intergovernmental organization to an inventor or assignee for a limited period
of time in exchange for detailed public disclosure of an invention.
9. UTILITY PATENT
A utility patent is a patent that covers the creation of a new or improved —
and useful — product, process or machine. A utility patent, also known as a
“patent for invention,” prohibits other individuals or companies from
making, using or selling the invention without authorization.
10. PLANT PATENT
A plant patent is granted by the United States government to an inventor
(or the inventor's heirs or assigns) who has invented or discovered and
asexually reproduced a distinct and new variety of plant, other than a
tuber propagated plant or a plant found in an uncultivated state
11. DESIGN PATENT
A design patent is a form of legal protection granted to the ornamental
design of a functional item. Design patents are a type of industrial design
right. Ornamental designs of jewelry, furniture, beverage containers and
computer icons are examples of objects that are covered by design patents.
12. INTERNATIONAL PATENT
The Patent Cooperation Treaty (PCT) makes it possible to seek patent
protection for an invention simultaneously in each of a large number of
countries by filing an "international" patent application.
13. COPYRIGHT
Copyright is a legal right, existing globally in many countries, that grants
the creator of an original work exclusive rights to determine and decide
whether, and under what conditions, this original work may be used by
others. This is usually only for a limited time.
The exclusive and assignable legal right, given to the originator for a fixed
number of years, to print, publish, perform, film, or record literary,
artistic, or musical material.
14. TRADE SECRET
A trade secret is a formula, practice, process, design, instrument, pattern,
commercial method, or compilation of information not generally known or
reasonably ascertainable by others by which a business can obtain an economic
advantage over competitors or customers.
15. TRADEMARKS
A trademark may be designated by the following symbols: ™ (the
"trademark symbol", which is the letters "TM" in superscript, for an
unregistered trademark, a mark used to promote or brand goods) ℠
(which is the letters "SM" in superscript, for an unregistered service mark,
a mark used to promote or brand services)