Unit 8 Flashcards
Distinctive signs and industrial creation
Double scope:
- The legal protection granted to the way chose by the entrepreneur to distinguish in the marketplace
- To incentivise inventive activity of entrepreneurs
distinctive signs
Function
protect the certain valuable intangible business assets, mainly, trademarks and tradenames (the appearance of something in the market)
Industrial creations
encourage innovation such as patents, utility models (Refer to something which has content, some sort of industrial modification that is significant.)
types of distinctive signs
tradename
trademark
shop signs (not included in the trade mark act)
Regulation of patents
Regulated by law of patents not trade mark act
what is the key component of a TM
distinctiveness
types of TMs
Collective trademark (Everyone is responsible to keep the reputation, owner of tTM is an association)
Warranty trademark (satisfaction of certain requirements)
Known trademark ( not registered; but known; same rights as registered)
European trademark (granted by EU, exclusive right in EU)
International trademark (International registration of trademarks)
Birth of the right to a trademark
-valid registration at the spanish patents and trademarks office
-provide content of the trademark
-after 2 month opposition period ->official gazette
Content of the right of a trademark
-Exclusive right with plurality of effects within the territorys
-right to prohibit non authorised parties from using an identical or similar trademark
-capacity to prosecute third parties for using your trademark
Term and expiration
-TM 10 year period-> renewal every other 10 years
-must me used used in the first 5 years
Absolute grounds for refusal
-sign or any characters against public order
-not conform to the general requirements
-devoid of any distinctive nature
-imitation without consent of Spains decorations
-consist exclusively of signs to designate the kind, quality, geographical origin
tradname and corporate name same?
they can be but don’t have to
Right to a trade name
-Similar to that of trademarks
- does not grant the right to use such sign to distinguish products, in which case a Trademark application must necessarily be filed.
- The registration of a Tradename grants the owner an exclusive right to use the name.
types of industrial creations
- Inventions
- Industrial and artistic design (the external appearance of a product).
Nature and economic function
- against the principle of free competition
- But, those who carry out economic efforts are protected, promote inventions