Part 2c - IP Law Flashcards

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1
Q

Intellectual Property can be: (5)

A
  • Inventions
  • Literary and artistic works
  • Symbols
  • Names
  • Images used in commerce
    Intellectual Property law is only effective with a creation, not an idea.
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2
Q

What are the objectives of Intellectual property law? (2)

A
  • Objectives:
    ○ IP gives the creators the right to control the use of their work/mark/invention/design and use it to gain financial reward
    ○ IP stimulates innovation by giving incentives and protection to IP creators.
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3
Q

From a business perspective, IP: (4)

A
  • Is the basis for sustainable competitive advantage
  • Makes it possible to transfer, license, and burden with a safety right
    ○ Allows companies to capitalize on these ideas and innovations.
    The more, the better
    The more rights you have on the product, the harder it is for competition to imitate you.
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4
Q

How can you monetize IP Rights?

A
  • Transfer it
  • License it
    ○ Licensor (the one giving the license)
    ○ Licensee (the one receiving the license)
  • Cross-licensing
    ○ License-in and license-out
    Think of the example with a university using zoom. RUG may request a license for Zoom and they may ask for a license back, this would be cross-licensing- as RUG is exchanging their license for Zooms license, it is a license-out to acquire a license-in.
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5
Q

Different IP rights:(6)

A
  • Patent right –> protects inventions
  • Copyright–> protects creative work
  • Trademark right–> distinguishes a product
  • Design right–> protects exterior of products
  • Geographical indication–> to distinguish, evidence origin
  • Trade Secret –> protects the confidential know-how
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6
Q

Copyright (3)

A
  • An artistic right, all others are industrial.
  • “A copyright belongs to the creator or authors of any type of work that can be fixed in a tangible medium.”
    This right is automatic, a copyright does not have to be registered
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7
Q

Requirements for copyright law:(4)

A
  • Originality (not been copied from another course)
  • Work/idea that is expressed not the idea itself.
  • Put some effort and skill into the work
  • Bringing a certain artistic work into existence
    That’s all –> Automatic (no legal process needed beforehand)
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8
Q

Acquiring Copyright:

A
  • It must be in permanent form by being recorded in some way
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9
Q

Duration of copyright being enforceable

A
  • Life of the author + 70 years
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10
Q

What are the rights of the owner with copyrighted work?

A
  • Copy
  • Rent
  • Lend
  • Perform, play, or show
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11
Q

Primary infringement:

A

People who are directly involved with copying material (using a special theme song, copying a book chapter)

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11
Q

Secondary infringement + Remedy:

A

People in a commercial setting who deal with infringing copies or facilitating the copying of materials
- Not the actual copying but the commercial exploitation of it
○ Selling a fake CD for example
Remedy: Civil Action –> Court for an injunction or claiming any profits.

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12
Q

Patent

A

“An exclusive right given to an owner of an invention to make use and exploit their invention for up to 20 years.”

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13
Q

Requirements of a patent

A
  1. The invention is new
  2. It involves an inventive step
  3. It is capable of industrial application
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14
Q

An owner can exploit his patent by: (3)

A
  • Owners may use it for financial gain
    1. Selling it
    2. Licensing it (royalties)
    3. Franchising it
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15
Q

There are 2 ways that can breach of a patent:

A
  1. IF it is a product: infringement by a person making the product, disposing or offering to dispose of it, using, importing, or keeping it.
  2. IF it is a process: infringement occurs where a person uses it or offers it for use knowing, or where he reasonably ought to have known that he is infringing a patent.
16
Q

Remedies from a breach of a patent: (4)

A
  • Injunction
  • Damages
  • Hand over the products
  • Hand over the profits made from exploiting the patent
17
Q

Trademark

A

“A distinctive name, symbol, motto, or design that legally identifies a company or its products and services. Sometimes it prevents others from using identical or similar marks.”

18
Q

Requirements for a trademark: (2)

A
  • Distinctiveness: It must be distinctive
    It cannot merely describe the type of good “Best fries in town” vs “M” (McDonalds)
19
Q

What are the refusal grounds for a trademark?

A
  1. The mark lacks a distinctive character (“RUG”)
    1. It is considered to be immoral and deceptive (“FU*K”)
    2. May falsely suggest a connection with a person (King Henry Shoes)
    3. Flags of states and countries
20
Q

Duration of a trademark

A

= 10 years but renewable indefinitely (+10)

21
Q

Design rights

A
  • Protects the apparel of a product, or a part of it. It can be 2D or 3D.
    ○ This is the design of an item, not the functionality of it.
  • Do not confuse 2D with copyright!
22
Q

Requirements for design rights: (3)

A
  • New
  • Individuality
  • Non-functional
23
Q

Duration of a design rights:

A
  • Registered: 25 years
  • Unregistered: 15 years
24
Q

Other IP Rights (9)

A
  • Database law
    • Geographical indication
    • Trade name law
    • Chip law
    • Plant breeder’s rights
    • Trade secret
    • Domain Name Law
    • Portrait Right
    • Moral law
25
Q

Moral law (IP Law): (4)

A
  • Right to prohibit others from tampering
    • Right to be acknowledged as the author of the work
    • Right not to have work falsely attributed to another person
    • Right to control of public access