Intellectual Property Right

Question 1

What does IPR stand for?

Answer 1

Intellectual Property Pight

Question 2

Why is intellectual Property important?

Answer 2

It brings economic benefits to those who know how to take advantage of it.
or
It will make money for those people who use it to protect their ideas, designs, logos, etc.

Question 3

What are the 6 different ways intellectual property can be protected?

Answer 3

Confidentiality
Trademark
Patent
Registered Design
Design Right
Copy Right

Question 4

What does Trade Marks protect?

Answer 4

Logo/ Brand name / Identity of product

Question 5

What does Copy right protect?

Answer 5

Software used to operate the product / protect advertising videos / images / slogans

Question 6

What does a Patent protect?

Answer 6

How the product operates (Touch screen, charging methods, fitting of blocks)

Question 7

What does Registered design/ Design right protect?

Answer 7

The aesthetic shape/ form of the product

Question 8

What does Confidentiality protect?

Answer 8

Secrecy of the recipe or mechanics of a product.

Question 9

Explain why companies Patent their designs.

Answer 9

Protect company rights
registered ownership
prevent idea/ patent being copied
can lease the design to other companies