Intellectual property law overview [Pictures]

Last updated : Sept 9, 2022
Written by : Markus Papazian
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Intellectual property law overview

What are the 4 types of intellectual property?

Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.

What are the 3 types of intellectual property laws?

  • Patents. If you have come up with a new invention, you may want to consider protecting it with a patent.
  • Trademarks. Let's say that you have come up with a great new name for your brand, company or product.
  • Copyrights.

What are the 7 types of intellectual property?

  • Patents. The U.S. Patent and Trademark Office grants property rights to original inventions, from processes to machines.
  • Trademarks.
  • Copyrights.
  • Trade Secrets.
  • Client Counseling.
  • Intellectual Property Protection.
  • Enforcement of Intellectual Property Rights.
  • Intellectual Property I.

What is the main concept principle of intellectual property law?

The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goods. To achieve this, the law gives people and businesses property rights to the information and intellectual goods they create, usually for a limited period of time.

What is the importance of intellectual property?

Intellectual property protection is critical to fostering innovation. Without protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development.

Who owns intellectual property?

Generally, the creator of a work is deemed its owner. However, intellectual property ownership can be determined differently for different types of property and under varying circumstances. For example, if work is created for an employer, the employer is the owner of that intellectual property.

Why should I study intellectual property law?

It is undeniable that IP law can expose you to more intellectual and finer aspects of human experience, especially creativity, art, and innovation as opposed to say capital markets, project finance, criminal law, or M&A! Every piece of intellectual property has some creative aspects to it.

What are the main forms of intellectual property?

The key forms of intellectual property protection are patents, copyrights, trademarks and trade secrets.

How can intellectual property be protected?

Inventors, designers, developers and authors can protect the ideas they have developed, for instance by means of copyright or patents. The aim is to prevent others from wrongly profiting from their creations or inventions.

What do IP lawyers do?

What do IP lawyers do? IP lawyers play a variety of critical roles related to the protection of intellectual property. In some capacities they act as advocates representing clients in court proceedings. They also serve as advisors, counseling clients about intellectual property matters.

What are the two types of intellectual property?

Intellectual property has two categories: industrial property and copyright and neighboring rights.

What are the key intellectual property issues?

Key issues often addressed in IP licenses include duration, royalties and fees, scope of use, exclusivity, territorial limits, sublicense rights, rights to enhancements and improvements, and assignability.

What are examples of intellectual property?

Utility patents: for tangible inventions, such as products, machines, devices, and composite materials, as well as new and useful processes. Design patents: the ornamental designs on manufactured products. Plant patents: new varieties of plants.

What rights are protected by intellectual property laws?

Intellectual Property law deals with laws to protect and enforce rights of the creators and owners of inventions, writing, music, designs and other works, known as the "intellectual property." There are several areas of intellectual property including copyright, trademarks, patents, and trade secrets.

Who owns IP if no agreement?

There are some limited statutory exceptions, but the basic position is that, without an agreement, the creator owns the IP. This reality is commonly misunderstood and often causes disputes between parties later on.

How long do intellectual property rights last?

In general, the term of copyright is the life of the author plus 70 years after the author's death (or last surviving author's death if a joint work). For works made for hire and anonymous or pseudonymous works, the duration of copyright is 95 years from publication or 120 years from creation, whichever is shorter.

Is intellectual property law a good field?

The intellectual property field is among the most important legal fields in the United States because the involvement of intellectual property attorneys has been integral to the expansion of the economy in this country. The most demanded specialty of intellectual property law is patent law.

What field of law is most in demand?

  • Intellectual property law.
  • Family law.
  • Immigration & naturalization law.
  • Real estate law.
  • Contract management.
  • Compliance.
  • Labor and employment.
  • Corporate transactions.

Is intellectual property a good career?

IP is a very well paid area of work because of the specialized nature of work, the criticality of performance, and rich corporate clients. Indian IP practice prospered after globalization as hordes of international MNCs landed in India to do business thanks to the opened markets.

What is the difference between intellectual property and copyright?

The terms “copyright” and “intellectual property” are often used interchangeably. However, copyright is just a part of the scope of intellectual property, as are trade marks, patents, and designs. Intellectual property (IP) describes a form of property which is the intangible output of the human creative mind.

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Intellectual property law overview

Comment by Alberto Hoschek

hi everyone and welcome to my first ever tutorial on intellectual property law the reason why I started making these tutorials so simply because I'm now as a student I tried sometimes to youtube videos and how to understand different concepts and I couldn't find anything so I was thinking maybe there are other students like me out there who have the same problem sometimes I will cover the different aspects of intellectual property law the different types of IP law I will cover the cases and the legislation that covers it and further down the line when I'm doing trademarks I will draw some parallels to compare to US law but more than that it's going to be mainly focused on UK law so to jump into it this first tutorial we're just going to look at an Outlook it or-or-or a kind of the framework of how IP love fits together because I think for many people it is important to realize that IP law it's an area where every separate color that you have different separate rights covering different things but they all interrelate to they all kind of overlap in one way or none or another this is very important to understand because when you're actually going into litigation or when you're when you're dealing with clients etc you need to appreciate that they want results but they don't necessarily care about how so just because something is a design from the outset doesn't mean that you cannot try to register it as a trademark to get more protection so they want results and you need to find the results for them the first write that that I will point out is trademarks law or trademarks now my handwriting is very crap so thank you for bearing with me but you have trademarks which is the first right and what are trademarks when you're dealing with trademarks you're dealing with different things you're dealing with brands for instance you're dealing with with the images you're dealing we're dealing with reputation and what I mean with reputation is when you're talking about trademarks trademarks essentially as they act as a guarantor of origin or indicator of origin so it is something that people use to identify who they are where their goods or services come from what they're trying to sell I mean let's take an example you would have Exxon or or BT or you know Louis Vuitton these kinds of things are trademarks usually you will also have packaging under that I will put the rule get up that people usually refer to so if consumers look at that packaging and think oh wait that comes from this certain someone then Paulson potentially you could trademark that as well you could also potentially Praed trademark designs but to avoid confusion just ignore this one for a second and we'll give back to that when we're dealing with trademarks then you also have design rights designs cover things such as the appearance or its ornamentation its design is very self-explanatory and it's it's not a very big area of IP even though it's very widely used I mean very recently you've had the Apple and and Samsung disputes and the disputes that have been going on for quite some time now about the iPad and how Samsung's a tablet looks the same the general gist is a design covers the appearance then you have copyright and copyright is an interesting one because because sometimes people at least in the UK they misunderstand how copyright works or they don't understand quite how it works they think that people have a copyright in everything and anything I mean I had a friend who told me I have a copyright in my name now you do not have a copyright in your name at least in the UK copyright covers let's call it the creative industry things such as music books ie under that will say literary works so anything literary dramatic work so drama and and play sound recordings and what I mean with sound recordings I mean the recorded sound so so if you think about a song a song you would have lyrics as a literary work you will have music the actual melody but then you'll have a separate copyright for everything recorded which may be owned by someone else etc etc if you've ever asked yourself what protection covers computer software well copyright does so I'll write PC so PC programs the coding the actual coding is covered by copyrights patents is the other one you have and patents but it concerns itself with inventions Stan and many people also quite understand how patents work they think you can patent everything and that's also wrong because you can only patent inventions and invent and invention is only an invention when it's new when it is not obvious when it's capable of industrial applications I'm just going to write industrial application and if it is not excluded because you have certain subject matter which under the patent sock have been deemed to be excluded from protection and the biggest area of patents is the pharmaceutical industry but you also have the technology industry and we're thinking about tech you're thinking about something like cell phones more sorry mobile phones computers speakers you've got big companies that usually have thousands of technology patents you've also got a few other rights which fall under intellectual property well for most of you out there you would not even consider them you would not look at them but they're actually one of the era they're actually quite big areas I mean the influence will quite a lot Neville I have a lot of impact on on certain things one is plant breeders rights the other one is semiconductor chips which can also be covered under patents funnily enough if they satisfy the patent requirement what are semiconductor chips well every computer has got a processor and that processor has a semiconductor chip and it is that chip that's protected by this right much so when you're studying IP law you're mainly covering these four areas now the last thing I want to comment is that you potentially have one more right the reason why I'm saying that potentially is because it is it has been and it is still arguable whether this is an intellectual property right now the law of confidence it protects trade secrets that the definition lies in the name the law of confidence so it is it deals with confidential information I will give you an example and that's the coca-cola recipe so you have the law of confidence the problem with this now I'm not going to only write trade secrets I'm also going to write private information but once you start talking about this you're dealing less with commercial IP law and you're dealing more with you know human rights and then the potential right to privacy or privacy whatever you want to call it general know-how not general know-how sorry about that know how the difference between same general know-how and know-how is that general know-how is just general information know-how might refer to that the steps and in doing things whether the way you do things you know the process of doing things within the company an example of this is one know how might be how MacDonnell's they're made how they make their dressing you know how does McDonald's make their burgers tastes the same almost anywhere in the world so th

Thanks for your comment Alberto Hoschek, have a nice day.
- Markus Papazian, Staff Member

Comment by SiebseiteC

Thanks for this interesting article

Thanks SiebseiteC your participation is very much appreciated
- Markus Papazian

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