9. Intellectual Property Rights Flashcards
Are original works of creators that have economic value and are protected by the law.
Intellectual property
The law generally protects the creators works by preventing others from copying, and provide incentives to those who will use it for scientific and creative purposes that will provide benefit the society at large.
Intellectual Property Law
Types of IPR Law
(1) Patent Law
(2) Trademark Law
(3) Right for Publicity
(4) Copyright Law
(5) Trade Secret Law
Intellectual Property constitutes those original creative works that have economic value and protected by law
Intellectual Property
RA Act no 8293 is also known as _____
Intellectual Property Code of the Philippines
T/F: In most countries, intellectual properties are moderate-heavily protected by the law. However in some countries counterfeiting and infringement are heavily practiced due to the absence of protection laws
T
In some countries ______ and _______ are heavily practiced due to the absence of protection laws
counterfeiting and infringement
In 196 ______ was organized in order to protect intellectual rights.
World Intellectual Property Organization
As technology advances, more companies are shifting to the cyberspace world. New forms of ______ and ________ are becoming notorious.
scams and internet hijacking (piracy in cyberspace)
is a type of intellectual property
that gives its owner the exclusive right to copy, distribute, adapt, display, and perform creative work, usually for a limited time.
Copyright
When a copyrighted work is reproduced, distributed, performed, publicly displayed, or made into a derivative work without the permission of the copyright owner
Copyrights infringement
an individual creator or company’s right to exclusively produce, market, and sell an item for a set period of time, usually 20 years. Legally protect inventors by allowing them to choose who gets to sell and market their items, while they continue receive revenue off of their product.
Patent
is an exclusive right that allows the inventor to exclude others from making, using, or selling the product of his invention during the life of the patent. owners may also give permission to, or license, other parties to use their inventions on mutually agreed terms. Owners may also sell their invention rights to someone else, who then becomes the new owner of the patent.
Patents
have a positive effect on society because they promote innovation and help develop new products. They also protect intellectual property.
Patent
T/F: When an inventor obtains a patent, they secure the right to exclude others from using, making and selling their product or method of use for 20 years, while maintaining the right to sell the item exclusively and for a higher price.
T
is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights.
Trademark
consist of highly confidential and important nonpublic information: About the company’s inner structure, classified records, systems, future plans, or policies which, if known by competitors, could place the company into a competitive disadvantage.
Trade secrets
T/F: The company normally indicates through explicit directives or security measures that it does not want the information to be divulged
and known by anyone outside the company
T
protects confidential info and resources that belong to a corporation that gives that business a competitive advantage.
Trade Secrets Law
generally refers to the illegal duplication and distribution of sound recordings.
Piracy
unauthorized duplication of only the sound of legitimate recordings, as opposed to all the packaging.
Pirate Recordings
unauthorized recordings of the prerecorded sound as well as the unauthorized duplication of original artwork, label, trademark and packaging.
counterfeit recording
unauthorized recordings of live concerts or musical broadcasts on radio or television
bootleg recordings
unauthorized uploading of copyrighted sound recording and making it available to the public, or downloading a sound recording from an internet site
online piracy
Bad effects of Digital piracy
(1) Record companies lose
(2) creative artist lose
is a criminal offense of making an imitation of an article with the interest of defrauding others into accepting it as genuine item
counterfeiting
The term _______ is used most frequently to denote imitations of coined money or of the paper currency of government or a bank, but it is applied also to order cases offraudulent fraudulent imitation, such as spurious trademarks orworks of art.
counterfeit
is considered a victimless crime because businesses and not individual buyers suffer, it is costly to both buyers and marketers.
counterfeiting