Intellectual Property Rights (IPR) in Information and Communication Technology (ICT), Slides of Information Technology

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2.3 IPR Issues in ICT

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Intellectual Property

Intellectual property (IP) is defined by the

World Intellectual Property Organization

(WIPO) as:

“ creations of the mind, such as

inventions; literary and artistic works;

designs; and symbols, names and images

used in commerce. The owner of

intellectual property has monopoly of its

use. Intellectual property is protected by

laws, including patents, copyright,

trademarks and trade secret laws.”

https://zhillerlaw.com/small-business-intellectual-property-assets/

Why does Intellectual Property matter?

1. To earn recognition or financial

benefits from an invention or creation

2. To safeguard creations and works from

infringers, copycats, and thieves

3. To build value of a business/ company/

individual

https://www.copyrighted.com/blog/protect-intellectual-property

Types of Intellectual Property

COPYRIGHT PATENT TRADEMARK TRADE SECRET

Definition legal term used

to describe the

rights that

creators have

over their

literary and

artistic works

exclusive right

granted for an

invention

sign capable of

distinguishing

the goods or

services of one

enterprise from

those of other

enterprises.

(IP) rights on

confidential

information

which may be

sold or licensed.

https://www.wipo.int/about-ip/en/

Types of Intellectual Property COPYRIGHT PATENT TRADEMARK TRADE SECRET Provided Protection economic rights , which allow the rights owner to derive financial reward from the use of their works by others; and moral rights , allow authors and creators to take certain actions to preserve and protect their link with their work. exclusive right to prevent or stop others from commercially exploiting the patented invention; meaning, the invention cannot be commercially made, used, distributed, imported or sold by others without the patent owner's consent. a trademark registration will confer an exclusive right to the use of the registered trademark ; the trademark can be exclusively used by its owner or licensed to another party for use in return for payment. general concept of protection against unfair competition or is based on specific provisions or case law on the protection of confidential information. https://www.wipo.int/about-ip/en/

Types of Intellectual Property COPYRIGHT PATENT TRADEMARK TRADE SECRET How long will it last Author- copyright is enforceable for the life of the creator plus another 70 years Company's copyright- lasts 120 years from creation or 95 years from publication, whichever is shorter 20 years from the filing date of the application Trademarks do not expire after a set period; it will persist so long as the owner continues to use the trademark. Trade secrets can last in perpetuity (i.e. forever) – if they are property maintained and protected. One do not register a trade secret with the government. https://www.wipo.int/about-ip/en/

“It pays to be original.” https://www.justsaynodeal.com/5-considerations-to-make-before-protecting-your-intellectual-property-for-your-small-business/