Intellectual Property Flashcards
What is IP?
An intangible asset created by the business due to their skills and knowledge.
What is copy right?
Automatic protection given to IP in the form of film, music, art or internet content. Can last 25 to 70 years.
What are design rights?
Automatic protection given to designs lasting 15 years from creation and 10 years from sale. Only applies to shape/configuration and how the parts of a design might all fit together.
What are trademarks?
They are not automatic and they are only available on application. Covers things like name, sounds, logos. Last for 10 years.
What is a registered design?
Relates to the design of a product and lasts 25 years. Not automatic have to apply for it.
What is a patent?
Applies to inventions or products. Can last for 20 years. You apply to the UK IP Officer to obtain one.
What does the trademark act 1994 prohibit?
The use of a trademarked item without authorisation - especially if you are making a gain and them a lost by using it.
What does the copyright, designs and patent act 1988 prohibit?
The making, dealing or using of illicit recordings and the sale, hiring or exhibiting of copyrighted material.
What does the registered design act 1949 prohibit?
It makes it an offence to copy registered designs and create a new product or very similar product to one that is protected as a registered design.
What does the fraud act 2006 prohibit?
The one most relevant here is false representation. E.G you claim that your product is in fact another product and that product is under a protection order. Especially if this then causes you a gain and them a loss.
