Preview

Overview of Intellectual Property

Good Essays
Open Document
Open Document
2031 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Overview of Intellectual Property
Intellectual Property

Table of Contents

Overview of Intellectual Property 3
Types of Intellectual Property Rights 3
Industrial property 4
Copyright 5
Controversy of Intellectual Property 5
Intellectual Property in the Digital Age 7
No Electronic Theft Act 9
Digital Millennium Copyright Act of 1998 9
Case Study Involving Intellectual Property – Domain Names 9
Conclusion 11

Overview of Intellectual Property
The term intellectual property refers to the innovations of the human mind. Intellectual property rights protect the interests of these innovators by giving them property rights attached to those ideas. The term "intellectual property rights" stands for these legal rights that authors, inventors, and other creators have. Intellectual property laws relate to a particular way in which ideas or information is expressed or displayed, but not the actual ideas or exact concept itself.
The first use of the expression "intellectual property" appears to be October 1845, in Davoll vs. Brown, a patent case in Massachusetts. Justice Charles Woodbury said that "only in this way can we protect intellectual property, the labors of the mind, productions and interests as much a man's own...as the wheat he cultivates, or the flocks he rears." Though coined many years prior, the term has only become popular very recently. It was uncommon to hear the expression until the establishment of the World Intellectual Property Organization in 1967, which then actively promoted the term.

Types of Intellectual Property Rights
There are currently many different ways to protect intellectual property. Intellectual property is divided into two main categories: industrial property, which includes patents, trademarks, industrial designs, and geographical indication; and copyright.

Industrial property
Patent: This is an exclusive right granted for an invention, a plant, or an appearance. A patent provides protection to the owner of the patent for a limited period, typically 20 years

You May Also Find These Documents Helpful

  • Powerful Essays

    Ap Micro Chapter 10 Notes

    • 1501 Words
    • 7 Pages

    * Patents – exclusive rights of an inventor to use (or to allow another to use) his or her invention…

    • 1501 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    LAW 723 Course Ouline

    • 3305 Words
    • 125 Pages

    Sept Introduction to Law Overview of Intellectual Property Patent Law Materials posted on McInnes Chapter BlackBoard 18 2 11th Sept 3 18th Sept 4 25th Sept 5 2nd Oct 6 9th Oct 7 8 16th Oct 23rd Oct 30th Oct 9 6th Nov 10 13th Nov 11 20th Nov 22nd Nov 12 27th Nov Materials posted on BlackBoard Materials posted on BlackBoard Materials posted on BlackBoard Recommended Reading…

    • 3305 Words
    • 125 Pages
    Powerful Essays
  • Good Essays

    law 421 week 3 solo

    • 695 Words
    • 3 Pages

    The article details the growing world of businesses and the law’s need to keep up to regulate new developments. A lot of companies now offer services or products online in some capacity, making them an E-Business. Some companies operate almost entirely online, such as Amazon. Other companies that operate mostly offline, such as Coca Cola, still maintain some sense of presence online. As businesses grow in these capacities, they must protect their intellectual property. Intellectual property is the creative product of a business, often one that generates revenue. Patents, trademarks, and copyrights protect you from other businesses using your products without authorization, as well as protect you from using products that you may not be authorized to use. Though there are some precautions put in place already, such as trademarks, patents, and copyrights, Legislation is constantly working to make sure all parties are protected as the world of E-business evolves.…

    • 695 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Intellectual Property is an area of law that protects ideas in the areas of: Copyright, Trademarks, Industrial Design, and Patents. Some examples of trademarks are logos, names, pictures, words, themes, phrases, and even a combination of colors and…

    • 423 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Rep Economics Quiz

    • 754 Words
    • 4 Pages

    5. A patent is a right granted to the inventor of a product or process that excludes others from making, using, or selling inventions.…

    • 754 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    outline

    • 5865 Words
    • 24 Pages

    Intellectual property patents, copyrights, trademarks, and trade secrets. Federal and State laws protect intellectual property rights from misappropriation and infringement.…

    • 5865 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    Business Level 3 Unit3

    • 2330 Words
    • 10 Pages

    Intellectual property rights refer to a design or creation that any individual has created and documented down in a way such as music, inventions or lyrics. As the owner of the work you have created you naturally inherit certain rights dependant on the nature of the work you have thought of. I think this is a fair and rewarding process to the inventor. It also gives an incentive for others to put there ideas forward to gain a money to cover the purchasing of any research or resources they would have had to buy. More detail of this can be found available at…

    • 2330 Words
    • 10 Pages
    Good Essays
  • Best Essays

    Bus311

    • 2336 Words
    • 10 Pages

    Although it is sometimes thought that Intellectual Property Law originates with the invention of the computer and the accompanying software used to operate it, but the origins of Intellectual Property or commonly referred to as (IP) date back many centuries to medieval Europe and much of what was established during that period was transported with the early colonists of the United States. Prior to the ratification of the Constitution, each colony has their own set of rules and governance for copyrights and patents; however, since each state had their own set of governance, IP was not portable from state to state. With the ratification of the Constitution the Federal Government established a central entity by which IP could be governed and regulated (History and Sources of Intellectual Property Law). Approximately “twenty five years ago a vigorous debate raged in the US legal academia over whether software should be covered by patent or copyright or some third option” (Boyle, 2009). The law distinguishes among three types of property, real property, personal property and intellectual property. Real property being the plot or/and estate, personal property which is identified as the possessions owned which may be transportable such as furniture, cars, etc. and intellectual property Intellectual property means any patent, copyright, trademark, design, technical or commercial information or any other intellectual property or any license under or in respect of any such right, which is various legal entitlement which attach to certain types of information, ideas, or other intangibles in their expressed form. Even though Intellectual Property is an umbrella term that governs all non-tangible ideas and information to be patented, what criteria is used to determine whether the…

    • 2336 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Intellectual Property is materials that are copyrighted, but are produced by counterfeit often looking or performing much like the copyright that they have stolen. Many items that are counterfeit include video games, movies, clothing, automobile and aircraft parts, medications, and personal items such as body sprays, perfumes, and washing detergents. Items are often made and trafficked by organized crime or other criminal and terror groups. Since counterfeit products are available on the black market no taxes are collected and the quality of those product are often subpar…

    • 1301 Words
    • 6 Pages
    Good Essays
  • Best Essays

    Nt1310 Unit 1 Assignment

    • 4486 Words
    • 18 Pages

    intellectual property: The right to use the good, The right to earn income from the good, The right to transfer the…

    • 4486 Words
    • 18 Pages
    Best Essays
  • Better Essays

    Intellectual Propert

    • 910 Words
    • 4 Pages

    What is intellectual property? Intellectual property is the right to protect inventions, literary and artistic works, symbols, names, and images that come from the mind. Intellectual property laws give individuals the exclusive rights to patent his/her own ideas. In the article "Copyright Crusaders" by: David Gibson, David Gibson talks about three claimants who all copyrighted their versions of the same idea. The idea was the "footprints in the sand." The poem is a soft-focus retrospective that imagines life as a walk on the beach with Jesus, a pilgrimage traced by two sets of footprints, the Savior 's and the narrator 's. Further more the article talks about these three claimants battle over royalties to these exclusive rights. In another article called "Hello Cleveland" by: James Surowiecki, James Surowiecki introduces a small town band trying to make it big in the music business. He discusses how it has become so difficult in today 's world to make profit on selling records because of piracy. Intellectual property protects our creative productions and promotes creativity so we can harvest our rewards.…

    • 910 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Bugusa, Inc.

    • 754 Words
    • 4 Pages

    A patent can be viewed as an agreement between an inventor and the US government. The government grants the inventor a temporary monopoly, exclusive rights to make, use, and sell the invention, in exchange for making the invention public. Patents protect functional features, such as a special kind of disposal used in Kenmore dish washers. The patent law provides that the patentee’s exclusive rights exist until the expiration of…

    • 754 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Hefter, L. and Litowitz, R. (1995). Protecting Intellectual Property. Retrieved October 9, 2008 from http://www.usinfo.org/trade/by9515.htm…

    • 1656 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Contemporary information technologies, especially software, pose severe challenges to existing intellectual property regimes and, therefore, create…

    • 385 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Comparative Advertising

    • 361 Words
    • 2 Pages

    W R Cornish, Intellectual Property: Patents Copyrights Trademarks and Allied Rights, Sweet & Maxwell, London…

    • 361 Words
    • 2 Pages
    Satisfactory Essays