INTELLECTUAL PROPERTY

INTELLECTUAL PROPERTY
Intellectual Property are those which
enable people to earn recognition or financial
benefit from what they invent or create. It is
described as intellectual because it is the
result of the application of the mind. It is
described as property because, just like
other property, it can be owned, sold and
transferred, leased or given away.
TYPES OF INTELLECTUAL PROPERTY

1. Patents (for the new or improved products and
services)

2. Trade Marks (for logos and brands)

3. Copyright(including software, databases, and
other copyright works such as books)


A patent is a right granted to the owner of an
invention that prevents others from making, using,
importing or selling the invention without his
permission. Once it is granted, the term of a patent is
for 20 years from the Date of Filing.


PATENT

For an invention to be patentable, it
must, in general, satisfy three key
criteria:
New the invention should not be publicly
known in any way, anywhere in the world.
Inventive step the invention must be
something that represents an improvement
over any existing product or process that is
already available.
Industrial application the invention must
be useful and have some form of practical
application. It should be capable of being
made or used in some form of industry.
A trade mark is a sign that you can use to
distinguish your business goods or
services from those of other traders.
Through a registered trade mark, you can
protect brand (or mark) by restricting
other people from using its name or logo.
Once acquired, a trade mark can last
indefinitely as long as you renew it every
10 years.
TRADE MARKS (for logos and
brands )
TRADE MARKS INCLUDE :

LETTERS
WORD
NAMES
SIGNATURES
LABELS
COLOURS



Copyright protection is given to the
authors of original works of authorship,
including literary, dramatic, musical, artistic,
and other intellectual works. This protection
is available for both published and
unpublished books.
NOTE:
CONFIDENTIAL INFORMATION is
sometimes also called INTELLECTUAL
PROPERTY, although it does not have all
of the features of the items described
above . Confidential information can be
referred to as trade secrets , or know how,
and can include items such as clients list
manufacturing specifications, business and
marketing plans.
THEFT

THEFT
THEFT- the act of stealing; and
the felonious taking and
removing of personal property
with the intent to deprive the
rightful owner of it.
THEFT
SOME ISSUES THAT GENERALLY TAKE PLACE IN
THE WORKPLACE:
Stealing time

Petty theft ( office
supplies, janitorial
supplies, etc.)

Stealing costly items
Stealing from co-
workers

Stealing from clients
and customers

Giving friends and
family members
discounts and freebies
at the owners expense

Fraudulently removing
items from the vending
machines




COMPANIES CAN MINIMIZE AND IN SOME CASES
PREVENT THEFT IN THE WORKPLACE BY:
Employers should do comprehensive
background check on job applicants prior to
hire. If the employer learns that the individual
has a history of theft in his or her background
they should not hire them.
Have a strong internal control system in the
workplace.
Issue-code of conduct handbooks to its
employees upon hire. Emphasize clear policies
as to what constitutes theft in the workplace .
*CONTINUATION
Appoint supervisors to monitor employees
scheduled work hours.
Invest in high tech security system with working
cameras, lights and alarms.
Managers should stress the importance of
guarding personal possessions to their
employees.
Employees will need to take extra precautions
as to where they place their personal items and
even food items. Yes some employees have
had their lunches stolen by co-workers. How
pathetic.
*CONTINUATION

Employees should watch out for one another
to help prevent theft in the workplace.
Managers should terminate individuals who
have been found guilty of theft in the
workplace.
Have an anonymous hotline where
employees can call should they suspect
workplace theft.

RESPONSIBLE
CONSUMPTION
RESPONSIBLE CONSUMPTION
Responsible consumption is a democratic
citizens movement. It influences the
behavior of manufacturers, distributors and
retailers and encourages decision makers to
adopt policies that protect the environment
and the rights of citizens.
CUSTOMER RELATIONS
Consumerism the activities that
independent individuals, groups, and
organizations undertake to protect their right
as consumers.

To achieve their objectives, consumers and
their advocates write letters to companies,
lobby government agencies, make public
service announcements, and boycott
companies whose activities they deem
irresponsible.
JOHN E. KENNEDYS 1962 CONSUMER BILL OF RIGHTS

1. The right to safety
2. The right to be informed
3. The right to choose
4. The right to be heard

THE ROLE OF BUSINESS IN PROMOTING
SUSTAINABLE DEVELOPMENT
In simple terms, the role of business in
promoting sustainable development is
that it makes the money roll, create jobs
through investment , and pours money into
circulation.
THE ROLE OF BUSINESS IN PROMOTING
SUSTAINABLE DEVELOPMENT
What is business?

Business is the practice of making ones living
by engaging in commerce

The two main reason why the role of business will be increasingly
critical to our ability to live in harmony with our ecosystem:
1. Many of the key priorities and the issues of
sustainable development are intertwined with
business activities.
2. Increasing reliance on the private sector for wealth
creation and the growing interconnectedness of
the world economy and has increased the
influence and role of business.