Professional Documents
Culture Documents
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If you invent a solution / formula and leave that formula on
your desk, someone can come along, read the formula,
remember it, and go away and make his/her fortune out of
that idea.
In this case, you still have the formula with you.
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Intellectual Property Rights -
Trade Marks:
A trademark is a word, symbol, picture, sound, or color
used by a business to identify goods. A service mark is a
mark identifying a service.
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Trade Mark - Examples
Service Mark - Examples
Intellectual Property Rights
Patents:
Temporary right, granted by the state, enabling inventor to prevent
other people from exploiting his invention without permission.
Patents are primarily intended to encourage and protect new
inventions, by giving inventors a monopoly on exploiting their
inventions for a certain period.
Patent Infringement
Apple sued Samsung for patent infringement regarding several
patents associated with Apple’s smartphone and tablet devices.
Apple was ultimately awarded $1.1 billion in damages
Patent Infringement – Case study
Types of Intellectual Property
Rights:
Copyright:
As the name suggests, it is concerned with the right to copy
something i.e. the work.
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Copyright:
Copyright grants exclusive rights to the creator of original scientific, artistic
or literary works.
For authors and/or creators of works who need this kind of protection, the process
begins with an application to the copyright office. Each country’s copyright office
has different requirements. The US Copyright Office requires an applicant to include
with the application a copy of the work for which a copyright is sought and to file
for copyright within 3 months of the first distribution of the work. Upon receipt of
the application by the copyright office, it is reviewed to make sure it meets the three
criteria of originality, fixation, and expression for the issuing of a copyright.
Upon approval, the recipient must place a notice of copyright ownership in all parts
and copies of the work.
Copyright:
Work in public domain:
When the copyright on a work expires, that work goes into the public domain.
Other works in public domain include those owned by governments; non-
copyrightable items such as ideas, facts, and others; works intentionally put in
the public domain by the owner of the copyright; and works that lost
copyrights for various reasons before the copyrights expired.
Works in public domain are not protected by the copyright law and can be
used by any member of the public without prior permission from the owner of
the work.
Examples of such works in the United States include works published before
1978 whose copyright has not been renewed and, therefore, have no valid
copyright notice.
Fair Use
The right given to a copyright owner to reproduce a work
is a limited right.
4. How will this use affect the market for the copyrighted work?
Uses that reduce sales of the original work are less likely to be considered
fair use.
Fair use – Example: Evaluate this scenario
based on the four factors of fair use