Intellectual Property

Intellectual Property - Umbrella term for various types of...

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Unformatted text preview: Umbrella term for various types of legal entitlements for a period of time  Term Intellectual Property refers to the idea that subject matter is the product of the mind or intellect  Implies Intellectual Property is analogous to physical property Copyright Patent Trademark Industrial Design Trade Secret Form of legal protection given to individuals who create an invention or process  Patent Protection lasts for 20 years  US Patent Office: Issues 20,000 patents per year  Between 1979 and 1999, more than 700,000 patents were issued for electronics, inventions, including software products  Some concerns about the generous granting of patent protections as it relates to E-Commerce sites  First American Paten Law passed in 1793  Present Patent Act of 1952 was amended in 1995 Conditions for Patent: Usefulness, novelty and nonobviousness A word, phrase, or symbol that identifies a product or service.  Registered at the US Patent Office  Trademark is violated when: someone else infringes on its connection with the sale of goods and services  Trademark Dilution unauthorized use of another's trademark on products that do not compete with, and have little connection with, those of the trademark owner. Information Used in the operation of a business or other enterprise that is sufficiently valuable and secret to afford an actual or potential economic advantage over others Formulas, Blueprints for future projects, chemical compounds, process of manufacturing Protects the form of appearance, style or design of an industrial object (e.g. spare parts, furniture, or textiles). Copyright protection is given for the expression of an idea such as a book, poem, musical composition, photograph, motion picture, computer software, recording Original and fixed in a tangible form  A copyright protects a creative work such as art,...
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Intellectual Property - Umbrella term for various types of...

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