What´s Intellectual Propterty? Essay

Trademark : A trademark is a recognizable insignia, phrase or other symbol that denotes a specific product or service and legally differentiates it from all other products. It also serves to exclusively identify a product or service with a specific company, and is a recognition of that company 's ownership of the brand. Trademarked products are generally considered a form of property. Most countries have agencies through which businesses can have their products trademarked. One of the main purposes of having a product trademarked is to protect the product from being used without permission of the source company. Most countries have patent laws which are designed to protect against copyright infringement. International copyright regulation is much more complicated, as there exists no universally recognized patent office.

Protection of intellectual property are investments based on acquired knowledge, thought and effort by one or multiple individuals on behalf of themselves, the business they work for when the property is created, and a financial investment. Each of these – acquired knowledge, thought, physical effort, financial investment – have a value that can be attached as it relates the usefulness or importance of the resulting product. That value will have a level of importance to the individual(s) creating the product and if applicable, the investor providing the funds in support of the creation.

Intellectual property protects legal rights and ownership in the market place through ‘intellectual property rights’. This can include trademarks, copyright, industrial design and patens. These protect brand names, designs and inventions.

Intellectual property rights grant negative rights to the owner of such rights. Intellectual property is intangible property which serves to safeguard the interest of the owners from infringement. Intellectual property rights are deemed to confer negative rights because render to the owner the right to prevent others from using or exploiting his/ her property. There are basically four types of intellectual property, patents, trademarks, designs and copyright (Harvey, 2009).

The World Intellectual Property Organization (n.d.) helps one understand the importance of protecting intellectual property. They have spelled out several reasons of this importance including inventing new works in technology and culture, which allows progress to be made that, can be utilized worldwide. In addition, the legal protection of intellectual property encourages the commitment of additional resources for further modernization. Finally, promoting and protecting intellectual property encourages economic growth. It creates new jobs and industries. Protecting intellectual property also enhances the quality and

The designer is allowed to have innovative design solutions in order to achieve the recognized performance requirements.

​What is intellectual property? What do you think of when you hear intellectual property? Can an idea or invention that exist in your mind be considered property? Yes, it can. Intellectual property is an invention or an idea that gives a person the exclusive rights to a product or a process. There are many types of intellectual properties like inventions, discoveries, artwork, and writings. Intellectual property can be stolen; someone can misuse it without permission. Violation of intellectual property rights, also called infringements, can result in a lawsuit or a fine, depending on the type of intellectual property involved. Intellectual property is protected by copyright laws, patents and trademarks. There are steps that can be taken to protect one’s property. Intellectual property’s value is not based on physical properties, instead, intellectual property is valuable because it holds ownership and exclusive rights to use, sell, and promote a creation or idea. The history of intellectual property dates back to 500 B.C. when a chef in the Greek colony of Sybaris were granted monopolies for creating culinary delights. There are three basic areas of intellectual property, patents, trademarks, and copyrights.

Need to gather the business information which is to be registered. Then the registration process can be online or by eregistration.

How important is an intellectual property right (IPR)? IPR protects the creator or inventor’s benefits, so that it stimulates the interest of innovation. According to United States Patent and Trademark Office (USPTO), the number of patent application has been increased over 450% from 1980 to 2010. It shows that people now are more concern about copyright issues. Although owners have the patent application, the violating of copyrights and patents are still happening all over the world.

Intellectual property (IP) is defined as property that is developed through an intellectual and creative processes. Intellectual property falls under the category of property known as intangible rights, which includes patents (inventions of processes, machines, manufactures, and compositions of matter), copyrights (original artistic and literary works of), trademarks (commercial symbols), and trade secrets ((product formulas, patterns, designs). Intellectual property rights has a significant value to both individuals and businesses, providing in the case of large companies, over one half of their value on return. Since intellectual property rights are so important to the U.S. economy and its citizens, federal and state law provides

There are many theories, arguments or justification available for Intellectual Property rights. However, five basic arguments can be use namely natural rights arguments, reward arguments, incentive arguments, neoliberal economics and arguments from democracy. This essay will focus on the natural rights arguments.

on April 15, 2011. Appel made national headline when they accused Samsung of infringement on three of their design patent. Sparking a national debate about infringement and kick starting the patent wars. but what exactly is a design patent and why should we care? In this paper, I hope to inform the reader on what a design patent is, what is the use of a design patent, the requirement of obtaining a design patent, and a look into the ethical issue surrounding patent assertion entities

Patent: A patent is basically a government license which provides the holder the exclusive right to process, design or new invention for a specific time period. Patent applications are usually handled by government agencies. You can use a patent to protect his invention. It provides you the opportunity to take legal steps against anyone who makes, used, sold or imported without your permission.

Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes literary

The property which an individual has is his inventions and creations and these his intellectual properties...so intellectual property is creation of mind let it be a symbol or a design or an artistic, literary work....