Commercial Imperatives Flashcards

1
Q

What is IP?

A

‘Intangible creations of human intellect’

Eg. new knowledge and new ideas

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2
Q

What is IP rights (IPR)?

A

Property rights attaching to intangible intellectual outputs.

Legal protections for IP

Is jurisdictional( country by country) and exclusionary (right to exclude use by others not exploit claimed invention)

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3
Q

What can be protected?

A

Use of genetic sequences for desired traits, selection markers, control of gene expression(ie promoters), vectors.

Methods such as transformation systems in specific species, gene silencing/suppression, CRISPR

Products such as transformed cells and plants

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4
Q

Requirements for patenting

A

Novel

Inventive

Useful

Must provide enabling disclosure

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5
Q

What is ‘freedom to operate’ ?

A

Have all necessary IP permissions to market your product, in your target markets without infringing the IP rights of others.

Licences required to avoid breech of valid IPR

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6
Q

What is PBR?

A

Relates to variety. Excludes others from your variety.

20years from grant

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7
Q

What is patent?

A

Defined by claims. Prevents others from exploiting your invention.
20yrs from application date.

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8
Q

What are Trade Secrets?

A

Keeping invention methods a secret.

Limited protection(others may invents and patent so your use mag be blocked)

But not time-constrained, no need to divulge invention.

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9
Q

Why publish and exploit?

A

Cheap, prevents others patenting it, but no source of developmental costs.

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