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Intellectual property.
Intellectual property (IP) is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized, and the corresponding fields of law. Artistic and creative works of art.
An invention is a unique or novel device, method, composition, process or discovery.
Intellectual property forms:
· patent,
· trademark,
· copyright
· trade secret
Trademarks.
Trademark is a distinctive sign or indicator, used by an individual, business organization, or other legal entity, to identify that the products or services with which the trademark appears originate from a unique source, and to distinguish its products or services from those of other entities.
It can be a mark, a motto, a sign, a logo. Logo for mac-apple.
Register the logo: US Patent trademark office. We have to use this in the context within 6 month, if we won’t to use the logo we won’t have it actually.
Infringement means when I use the trademark completely without provisions. No one can use my logo-it’s my intellectual property.
Cybersquatting - is registering, trafficking in, or using a domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price.
Patents.
Patents- is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention.
Patentinvention has to be new, unique and nonobvious.
Patents must be register in US Patent trademark office.
Infringement-violation (you can use your own invention, but if some one else use it –it would be Infringement). Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. Permission may typically be granted in the form of a license(means to give permission as well as to the document recording that permission.).
Copyrights
Copyrights- literary or artistic works – for 50 years from the day of publication. After 50 years it becomes public domain (everybody can use it).
Copyright is a legal concept, enacted by most governments, giving the creator of an original work exclusive rights to it, usually for a limited time. Generally, it is "the right to copy", but also gives the copyright holder the right to be credited for the work, to determine who may adapt the work to other forms, who may perform the work, who may financially benefit from it, and other, related rights. It is an intellectual property form.
Categories of protecting copyrights:
First category –literary works
The Second category-musical works
The third category- dramatic works (theater)
The forth category- pantomime/choreography
The fifth category-pictorial, graphic and sculptures (posters)
The 6th category -films
The 7th category –sound recordings
The 8th category - architectural works
This list can change if low will change.
Protection
If I have an intellectual property how I can protect it?
1. register:
· Patent and Trademarks at Us Patent and Trademarks office
· Copyright at US Copyright office
2. If someone wants to use my intellectual property I have to give him a license (royalty is a payment)
Trade secrets.
A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers
1. customer lists
2. plans
3. research and development
4. market (how u sell)
5. produce
6. any kinds of formulas
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