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Intellectual Property (What is Intellectual property (What intellectual…
Intellectual Property
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Major forms of IP
Patents
A patent is a grant from the government conferring the rights to exclude others from making, selling, or using invention for the term of the patent
increase interest in patents in the U.S, decreasing in IRE
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Types of patents
Utility
New or useful process, machine, manufacturer, or composition of material
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Design
Invention of new, original and ornamental design for manufactured products
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Process
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Step 3 > Get an IP lawyer, cost of app approx €5k +
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Trademarks
Is any word, name, symbol, or device used to identify the source or origin of products or services.
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Types of trademarks
Trademark
any word, name, symbol, or device used to identify the source or origin of products or services
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Service mark
used to identify the services or intangible activities of a business, rather than a businesses physical products
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Copyrights
A copyright is a form of intellectual property protection that grants legal rights to how the work is used and benefited
from
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you can not copyright an idea, but the specific expression of an idea is
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Infringement occurs when one work derives from another or is an exact copy or shows substantial similarity to original work
IP audit
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Process
Step 1 > Develop an inventory of a firms existing IP, should include the firms present registrations of patents, trademarks and copyrights
Step 2 > identify works in progress to ensure that they are being documented and protected in a systematic. orderly manner