Intellectual property law Flashcards
It is a term referring to a number of distinct types of creations of the mind for which property rights are
recognized
intellectual property
A right that is had by a person or by a company to have exclusive rights to use its own plans, ideas, or other intangible assets without the
worry of competition, at east for a specific period
of time.
Intellectual property
what ip can do
- make business apart from competitors
- be licensed
- offer customers something new
- form a brand
- used for security and loans
- protect your creation
6 types of IPR
- trademark
- industrial design
- trade secrete
- copyright
- patent
- geographical indication
Shape, Aesthetic features,
Configuration, Surface pattern of an Article.
industrial design
a distinctive sign or indicator used by an
individual, business organization, or other legal entity to identify that the products
trademark
s a name or sign used on
certain products which corresponds to a specific
geographical location or origin (e.g. a town, region, or
country).
geographical indication
exclusive and assignable legal right, given to
the originator for a fixed number of years
copyright
An exclusive right granted by a government to an inventor to prevent others from making, selling or using a new product or a new process.
TERM OF THE PATENT : 20 YEARS
PATENTS ARE TERRITORIAL
patent