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2009

Session

What is Intellectual Property?

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2009

Session

Definition
arising out of human intellectual effort.

Intellectual property (IP) is the name given to property

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2009

Session

The

output

of effort

human often

intellectual

manifests itself as new or original creative knowledge expression or which

adds a desirable quality to a marketable service.

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2009

product

or

Session

Various elements provide intellectual output with

attributes that, in one way or another, enhance the quality of life.

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2009

Session

These elements may be called

human endeavour, ingenuity, creativity, inventiveness, flash of inspiration, sudden insight, or new insight into observed facts.
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2009

Session

 These Elements may involve in

solving a technical problem in making something

with more desirable functional qualities, or

result in creating something aesthetically pleasing,

to satisfy a human need or want, be it sensory, social, cultural, mental, spiritual or religious.

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2009

Session

Intellectual property refers to creations of the mind:

Inventions, literary, Artistic works, Designs used in commerce, Symbols, Names, Images.
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2009

Session

Characteristics of IP

A key characteristic of any property is that the owner

of property has the exclusive authority to determine how that property is used.

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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

In both the case the owner has exclusive right to determine how it is used.
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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

Can only be used by one or a limited number of people at a given time.

Can be used by various people at the same time (including the owner or creator).

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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

Has economic value as long as it exists or as long as there is demand for it.

Has economic value only for the duration specified in the laws and as long as there is demand for it.

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2009

Session

Physical Property (Tangible or Material)

14

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

Theft occurs only if the possession of the property changes hands.

Theft occurs if the property is copied, imitated, adapted, translated, used, displayed, etc. without permission of the owner or creator.

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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

In both the cases Expenditure or income from the property may be subject to taxation.
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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

Both the properties May be valued and reflected on account books and balance sheets.
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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

Both the properties May be securitized and used as collateral for borrowing money
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2009

Session

Physical Property (Tangible or Material)

Intellectual Property (Intangible or Immaterial)

Both the properties May be insured.

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2009

Session

Intellectual Property

Industrial Property
Patents Trade Mark Industrial Designs Trade Secrets Geographic Indications

Copyright
Literary Works Artistic Works

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2009

Session

Patents

A patent is an exclusive right granted for an invention, which is a product or a process that provides a new and non-obvious way of doing something, or offers a new and non-obvious technical solution to a problem.

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2009

Session

Trade Mark

A trademark is a sign or any combination of signs, capable of distinguishing a product or service from other products or services on the market.

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2009

Session

Industrial Designs

An industrial design (or simply a design) is the appearance of the whole or part of a product resulting from features of, in particular, the lines, contours, colours, shape, texture and/or materials of the product itself and/or its ornamentation.

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2009

Session

Trade Secrets

Trade secrets or confidential business information are any information that can be used in the operation of a business and that is sufficiently valuable and secret to afford economic advantage over others.

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2009

Session

Geographic Indications

A geographical indication is a sign used on goods that have a specific geographical origin and possess qualities or reputation that are due to their place of origin.

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2009

Session

Copyright
Copyright describes a bundle of rights given to creators in relation to their literary and artistic works. It protects items such as paintings, drawings, sculptures, photographs, architecture, instruction manuals, software, databases, technical documentation, advertisements, maps, literary works, music, films or songs.
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2009

Session

One Product, Many IP Rights

A single product may be protected by a variety of different IP rights e.g. CD Player.

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2009

Session

CD Player
protected by a series of PATENTS.
The embedded computer programme

The innovative technical features of the product are

controlling

the operations are protected by COPYRIGHTS.

The aesthetic design of CD Player can be protected

by INDUSTRIAL DESIGN.
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2009

Session

CD Player
TRADEMARK.

The Brand used to market it can be protected as a

In addition, the manufacturers probably hold a

numbers of TRADE SECRETS ranging from their customer list to some of manufacturing processes or to other confidential information that they would not want to disclose to the competitors.
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2009

Session

CD Player

In addition, the inventors of CD chose to grant the

authorization (or LICENCE) to a number of companies to use the CD technology in exchange of Payment, thus acquiring additional income from the LICENCE.
The inventors of innovative products can obtain

exclusivity to use, or prohibit others from using, each one of this elements through IP Protection.
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2009

Session