Ch.26 Intellectual Property, Patents, Trademarks, Copyright, and Franchising Flashcards
Patent
exclusive right granted to the inventor of something new and different to produce the invention for a period of 20 years in return for the disclosure of the invention to the public
Industrial property - encourage new inventions
Industrial property
encourage new inventions
Trademark
a mark to distinguish the goods or services of one person from the goods or services of others
Protect marks and prevent unauthorized use
Copyright
right of ownership of an original literary or artistic work and the control over the right to copy it
Encourage literary and artistic endeavours and protect such works from copying or use without authorization
Industrial design
right to produce in quantity some artistic work
Fourth form of protection
Bridging trademarks and copyrights
Trade secret
commercial secret regarding a product or process
Employees held accountable to keep secret
Examples: “secret” sauce, soft drink recipes or processing techniques
Non-disclosure agreements (NDA)
contract to maintain a trade secret
Used for employees, potential partners, suppliers, and customers
Business negotiations
The Patent Act
Patents apply to inventions which are:
New - not invented before
Useful - not a mere idea, actually works and can be reproduced by someone “skilled in the art”
Unobvious - not next logical step
Four classes;
- Machine (multiple interactive parts)
- Process (method of manufacture / achieving result)
- An article of manufacture (useful device)
- Composition of material (a formulation)
Application for patent:
Can be made by inventor or inventor’s agent
In Canada - first to file owns the invention
- USA - first to invent system
- USA - first to file also (New Act 09/2011)
Patent agents:
Assist in preparation of documents and processing of the patent
Lawyers who specialize in patent work skilled in assessment of inventions
Search:
Canadian intellectual Property Office and/or U.S. Patent Office - search for any similar patents
Any patents already issued that cover part or all of invention make invention not patentable
Application:
If invention is open, inventor submits application
Includes petition for patent and detailed specifications, drawings, and claims being made
Must pay patent-filing fee and short abstract of disclosure written in simple language
Claim:
Most important document is specifications and claims statement
- Describes invention in detail and what is new and useful
- Describes uses of invention and why inventor entitled to patent
- Inventor cannot leave out parts of the invention i.e. must be accurate, or patent may be void
- Accompanying abstract is brief synopsis of detailed submission written in non-technical language
Examination and Issue:
Canadian Intellectual Property Office examines application to determine if infringes on existing patent
Protection is from date of application but no protection until patent is granted
“Patent pending” a notice to others that a patent has been applied for and warning of possible infringement
Patent is for 20 years from date of application
Foreign Patent Protection
Paris Convention (1883):
Treaty whereby signatory states recognize patents in other member states
Inventor has 12 months from date of application in home country to file for application (and protection) in other countries who are members of treaty
Filing date in foreign country is same filing date as the first filing date in home country
Compulsory license
directive by the Commissioner of Patents requiring patentee to license others to produce a product for the general benefit of the public
- In return for monopoly of patent, patentee must “work” the invention to meet public demand
- May arise when work of patent is dependent upon right to produce a part covered by an earlier patent
- If patentee fails to “work” a patent or price is unreasonably high, then any interested party may apply for a license