Industrial Law Flashcards
What is intellectual property IP?
Creations of the mind, inventions, literary and artistic works, designs, symbols, names and images USED IN COMMERCE.
What is the ultimate goal of the intellectual property rights.
To obtain the right balance between the interests of the innovators and the wider public interest.
What is the Industrial Property Code? CPI
(Decreto legislativo 10 feb 2005, no. 30) Contains rules on industrial property rights and complements specific provisions to be found in the civil code (artt. 2563-2594)
Source of the Copyright Law in italy
(Legge 22 aprile 1941, n.633)
Types of Industrial property rights exist in the CPI?
- Trademarks & distinctive signs
- Geographical indications & designation of origin
- Designs and models, inventions, utility models
- Topographies of semiconductor products / mask works.
- Trade secrets and plant varieties (as in vegetation).
How are property rights obtained?
A patent is granted a trademark is registered.
Types of Industrial property rights that are granted?
- Inventions
- Utility Models
- Plant varieties (as in vegetation)
Types of industrial property rights that are registered?
- Trademarks
- Designs, models
- Topographies of semiconductor products / mask works
What’s the primary functions of intellectual property rights
Protect and stimulate the development and distribution of new products, inventions…
a. Enable indirect REVENUES (marketing and licensing)
b. Promote culture and creative sectors enabling creators to obtain an economic reward.
c. Facilitate the disseminations and transfer of technology
d. Guaranty the profitability of innovations, protecting small and new companies.
e. Business assets
What are distinctive signs?
Elements that function to identify an entrepreneur, place of business or product TO DIFFERENTIATE IT.
What are the 4 requirements of a distinctive sign of a company?
- Distinctiveness
- Novelty
- Use ore registration
- Notoriety
The italian law knows the following types of distinctive signs.
- Company/firm/business/trade name (Ditta)
- Tradename (Insegna)
- Trademark (Marchio)
Define the “Company/firm/business/trade name (Ditta)”
Is the name under which the entrepreneur conducts the business. It HAS to contain the surname or the initials of the entrepreneur (Principle of truth). and it COULD have freely chosen words. It HAS to be novel.
Example: “Intimo di Lorenzo Laura”
In case of “Collective” undertakings it MUST contain an indication of the legal form (S.n.c…S.A.)
Example: Fiat Auto S.p.a; Celebrations Guatemala S.A.
Transfer of the company name
The company name cannot be transferred separately of the business. By: Purchase consented by the seller (ex vivo transfer). Passing to the successor after death. (Mortis causa transfer).
Define the “ Tradename (Insegna)”
The sign or set of signs identifying the premises where the business is carried out. AKA: The public communication name.
It DOESN’T HAVE to be registered.
CAN be different from the Company name but not necessarily.
Example: Intimmissimi; Frambuesa Celebrations