28 March 2014

types of intelleactual property rights


TYPES OF INTELLECTUAL PROPERTY RIGHTS

Common types of intellectual property rights include:

Ø  Copyright

Ø  Trademarks

Ø  Patents

Ø  Industrial design rights

Ø  Trade dress

Ø  Trade secrets

Ø  Copyright: A copyright gives the creator of an original work exclusive rights to it, usually for a limited time. Copyright may apply to a wide range of creative, intellectual, or artistic forms, or "works". Copyright does not cover ideas and information themselves, only the form or manner in which they are expressed. Exclusive privilege to authors to reproduce, distribute, perform, or display their creative works.

 

Ø  Trademarks: A trademark is a recognizable sign, design or expression which identifies products or services of a particular source from those of others.


Ø  Patents: A patent grants an inventor exclusive rights to make, use, sell, and import an invention for a limited period of time, in exchange for the public disclosure of the invention. An invention is a solution to a specific technological problem, which may be a product or a process.

 

Ø  Industrial design rights: An industrial design right protects the visual design of objects that are not purely utilitarian. An industrial design consists of the creation of a shape, configuration or composition of pattern or color, or combination of pattern and color in three-dimensional form containing aesthetic value. An industrial design can be a two- or three-dimensional pattern used to produce a product, industrial commodity or handicraft.

 

Ø  Trade dress: Trade dress is a legal term of art that generally refers to characteristics of the visual appearance of a product or its packaging (or even the design of a building) that signify the source of the product to consumers.

 

Ø  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.

 
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