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Lesson 8


									Lesson Eight: Intellectual Property Rights
It is important to have your creation patented to protect your rights. Reproducing other people’s inventions without their permission or piracy is illegal. We must respect the rights of others. A.) Definition of Intellectual Property 1. Intellectual Property (IP) refers to works created by inventors, authors and artists. Those works are unique and have value in the market value. 2. In our daily lives, we are surrounded by things that are protected by IP. Your school bags, your shoes and even your socks are protected by Intellectual Property Rights. Nike, Bata or Adidas, for example, are all protected by a group of legal rights. B.) Intellectual Property Law 1. Intellectual property and intellectual property right can be protected under the Intellectual Property Law. 2. Intellectual Property Laws cover ideas, inventions, literary creations, unique names, business models, industrial processes, computer program codes and more. C.) Inventions Protected By Intellectual Property Laws 1. As businesses continue to expand globally, business owners must realize the importance of getting professional advice on how to establish and safeguard their intellectual property rights. 2. This includes Trademarks, Service marks, Trade/Company names, Domain names, Geographical indications, Copyrights, Patents. 3. Example of creation that are covered under the Intellectual Property Law include architectural, audio visual, sound recording, Literary, musical and sculptural. D.) Intellectual Property Protection 1. There are four types of Intellectual Property Protection. They are: a.) patents for invention  Utility, design or plant patents that protect inventions and improvements to the existing inventions.  It is a the grant of a property right to the inventor. For example. Centrino is a processor which introduce efficient power management. The design of the processor is patented by Intel. b.) trademarks for brand identity  Words, names, symbols, devices and images that represent products, goods or services  Trademarks for brands, identity of goods and services allowed the distinction to be made between different traders. For example: Intel and AMD. c.) designs for product appearance  The features of, in particular, the lines, contours, colours, shape, texture or material of the product itself or its ornaments.

The design for product appearance covered the whole or a part of a product resulting from the feature such as the lines, contours, colours, shape, texture or material. For example: Apple IMAC. d.) copyright for material  Literary and artistic material, music, films, sound recordings and broadcast, including software and multimedia.  Copyrights protect the expression of idea in literary, artistic and musical works. For example, you can copyrights the web content you have just designed.  Copyrights give the holder some exclusive rights to control the reproduction of works of authorship, such as books and music for a certain period of time. Summary 1. Intellectual Property (IP) refers to work created by investors, authors and artists. 2. Intellectual Property Rights are rights to which creators are entitled to for their inventions, writings and works of art. 3. Intellectual Property Laws cover ideas, inventions, literary creations, unique names, business models, industrial processes and computer program codes from being manipulated by people other than the owner. 4. Why do we need intellectual property law? a) To appreciate other hard works and energy b) To safeguard one property c) To protect human relationship


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