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Intellectual Property Rights

This document provides an overview of intellectual property rights (IPR). It discusses that IPR are rights granted to creators of works resulting from human intellectual creativity, such as books, software, inventions. Countries establish IPR laws to both protect owners' economic and moral rights to their creations and promote further innovation and development. Specifically, it outlines that trademarks identify goods and service marks identify services. Commercial names distinguish companies. Trademarks can be registered and renewed every 5-10 years.

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Fahad Khan
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34 views

Intellectual Property Rights

This document provides an overview of intellectual property rights (IPR). It discusses that IPR are rights granted to creators of works resulting from human intellectual creativity, such as books, software, inventions. Countries establish IPR laws to both protect owners' economic and moral rights to their creations and promote further innovation and development. Specifically, it outlines that trademarks identify goods and service marks identify services. Commercial names distinguish companies. Trademarks can be registered and renewed every 5-10 years.

Uploaded by

Fahad Khan
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Lecture 3

Intellectual Property Rights

Intellectual Property Rights (IPR)


Rights granted to creators and owners of works that are results of human intellectual creativity. These works can be in the industrial, scientific, literary and artistic domain. For example, we could publish a book based on someone else's, or pirate software. Things such as software and a story in the book are intangible - they can't be physically stolen - and are called intellectual property.

IPR (cont)
Such creative works and inventions may be valuable because their creators may benefit from selling them or licensing others to use them. Society, therefore, gives the creator intellectual property rights

IPR issues(cont)
Countries generally have laws to protect intellectual property for two main reasons: One is to give rights to owners so that they can get all the economical and moral gains. The second is to promote creativity which would contribute to economic and social development.

Trade Marks & Service Marks


A trademark is a distinctive sign which identifies certain goods as those produced or provided by a specific person or enterprise. A service mark is used to identify a service rather than a product. A service mark differs from a trademark in that the mark is used on the advertising of the service rather than on the packaging or delivery of the service, since there is generally no "package" to place the mark on, which is the practice for trademarks.

Commercial Name
A commercial name identifies and distinguishes a determined company or commercial establishment.

Registration of Trade Marks


Trademarks can be registered for a term of 5 or 10 years, which will be counted from the registration date. Renewal applications can be filed within one year prior to the expiration date of the trademark. Government law grants a three to six month grace period (from the expiration date) to file the renewal application.

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