intellectual property Flashcards

1
Q

The main forms of intellectual property include:

A

• Copyright
• Trademarks
• Data Rights
• Patents

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2
Q

The principal means of protecting ‘novel’ products and processes is by:

A

Patents – a concept that has existed since antiquity

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3
Q

A patent is an exclusive right:

A

• Granted in respect of an invention
• That must be susceptible to industrial application
• That is new (novelty)
• That involves an inventive step

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4
Q

Patents are normally valid for:

A

20 years from the date of filing (full patent)

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5
Q

Renewal fees are payable at stages throughout the 20 years

A
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6
Q

It confers upon its holder, for a limited period, the right to exclude others from exploiting (making, using, selling,
importing) the patented invention, except with the consent of the patent owner

A

Exclusivity

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7
Q

 Patents encourage innovation by monetary means; they represent a trade-off of disclosure in return for
monopoly.

 Patents have the effect of incentivising innovation but at a cost to consumers – they might allow a higher
price to be charged than if there were no patent in existence (welfare loss).

 Considerable time and expense is involved in securing patents – they have to be secured in every country or
territory depending on the local legislation.

A
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8
Q

Key requirements for Patentability

A

• Invention
• Novelty (newness)
• Inventive Step
• Capable of Industrial Application

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9
Q

Any new and useful art, process, machine, manufacture, or composition or matter, or any new and useful improvement in any art, process, machine, manufacture, or composition or matter

A

Invention

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10
Q

It applies when the invention is not already part of the “State of the art’.

A

Novelty

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11
Q

It is everything made available to the public, in the State or elsewhere, by means of a written or oral description, by use or by any other means, plus any prior Patent application.

A

State of the Art

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12
Q

An invention shall be considered as involving an ___ if it is not obvious to a person skilled in the art. It is decided on a case-by-case basis.

A

inventive step

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13
Q

it can be made or used in any kind of industry, including agriculture.

A

Capable of Industrial Application

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14
Q

It includes any physical activity of a ‘technical character’, that is, it can be interpreted as the useful or practical arts rather than the aesthetic arts.

A

Industry

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15
Q

Patent Specification is the key document filed, which outlines:

A

 Background
 Scope of the invention (abstract)
 Description (enough detailed to permit it to be executed after expiry by a person ‘skilled in the art’)
 Claims (strict legal text that must set out the essential features of the invention in a manner to clearly define what will infringe the patent)

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16
Q

In deciding when to file the patent, the innovator faces a dilemma – there is invariably a considerable delay between the date of filing and date of grant:

A

 Filing early may mean the specification is too broad to qualify.

 Leaving it too late may mean the specification has to be narrower in application.

17
Q

Infringement amounts to making, using, importing or marketing the product without the owner’s consent.

A

the patent is in respect of a product

18
Q

Infringement amounts to making, using, importing or marketing of a the product obtained via the process in the patented territory.

A

the patent is in respect of a process

19
Q

Any person can apply for a patent, but the right initially belongs to:

A

 the inventor
 someone to whom the inventor transferred the right in law (usually inventor’s employee)
 a legitimate successor

20
Q

The employer is automatically seen as the inventor on many countries if the employee has discovered the invention ‘in the course of employment’

It may be necessary to examine the contract of employees to stablish this.

A
21
Q

It is a bundle of national patents. A single application to the European Patent Office secures patient rights in a number of European countries*

A

European Patent Convention (EPC)

22
Q

Includes most EPC countries plus members in North and South America,
Africa and Asia Pacific. A single application can be filed for multiple
members.

A

Patent Cooperation Treaty (PCT)

23
Q

It is an extension to the patent term available for certain types of patent (including human or animal use or plant protection) to compensate for the reduction in the effective patent life due to regulatory approval timelines

A

The Supplementary Protection Certificate (SPC)