Intellectual Property of Design (Patent (apply to newly developed…
Intellectual Property of Design
It is the exclusive legal right to produce, reproduce, publish or perform an original literary, artistic, dramatic or musical work.
It is a combination of things that distinguishes one company’s goods or services from those of others in the marketplace.
It allows the protection of the external appearance of the article.
apply to newly developed technology as well as to improvements on products or processes
exclusive rights to make
use and sell inventions
What must satisfied for an invention to be patent-able?
Your invention must be new
Your invention must have an improvement from existing product or process that is already available
The invention must be useful and have some form of practical application
New, inventive step, industrial application
creations of the minds that which exclusive rights are recognised
Images use for commerce
What does it do?
Monopoly in the marketplace
Barriers to entry for competition
Best reason for expenditure