Intellectual Property Flashcards

1
Q

What is intellectual property?

A

Is information assets that belongs to a particular organisation.

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2
Q

What are the 3 ways that intellectual property is protected?

A
  1. Copyrights
  2. Trademarks
  3. Patents
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3
Q

What is copyrights? and how long do they usually last?

A
  • Is protection of original and creative works of a person or organisation.
  • Is valid during the author’s life plus 70 years after they have died.
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4
Q

What is Trademarks?

A
  • Are words or symbols that is registered legally to an organisation and is used to identify the organisation.
  • Has to be renewed every 10 years.
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5
Q

What are patents?

A
  • Signifies ownership of an invention for a limited amount of time.
  • Lasts for 20 years beyond the patent’s filing date.
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6
Q

What must be involved in a patent?

A
  • Novel - new idea.
  • useful.
  • Non-obvious(some inventive work is involved).
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