What is Intellectual Property ? Patents- protection of technology Trademarks- protection of domain...
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![Page 1: What is Intellectual Property ? Patents- protection of technology Trademarks- protection of domain names and product identity Copyrights- protection of.](https://reader036.fdocuments.in/reader036/viewer/2022082517/56649e4d5503460f94b42e20/html5/thumbnails/1.jpg)
What is Intellectual Property ?
• Patents- protection of technology• Trademarks- protection of domain names and
product identity• Copyrights- protection of software and
written material• Trade Secrets- protection of internal secret
information • Know How- Contractual transfer of knowledge
from experts
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What is a Patent ?
• A grant from the government for the legal right to exclude others from making, using or selling a patented invention for a limited time
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Invention must be
• Novel • Nonobvious • Adequately described or enabled (for one of
ordinary skill in the art to make and use the invention)
• Claimed by the inventor in clear and definite terms
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What can be Patented ?
• A process that either transforms subject matter from one form to another or produces a useful, concrete, and tangible result
• A machine• A article of manufacture • A composition of matter• Any new or useful improvement of the above
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Trademark
• Word, name, symbol, device or combination of any of these which
Distinguishes goods from others Identifies quality
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What is a copyright ?
• Protection of the expression of an idea, rather than the idea itself
• Protection for the work of authorship
• Protection is against copying not against independent development
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Copyright Protection is for
• Literary work• Musical work• Dramatic work• Dance and Choreographic work• Motion Pictures and audiovisual work• Sound recordings• Architectural work
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Bayh-Dole Act 1980
• Title to any patentable idea conceived or developed under federal sponsorship may vest in a non profit organization or small business
• The government retains a nonexclusive, nontransferable, paid-up license to the invention to practice or have practice on its behalf through the world
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Bayh-Dole Requires that Universities
• Take steps to achieve practical application of the invention
• Ensure that the invention is available for public use
• Give preference to U. S. licensees• Take action to alleviate health or safety needs• Share royalties with inventors
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Other Responsibilities
• Background Intellectual Property• Material Transfer Agreements• Export Control• Confidentiality Agreements• Conflicts of Interests• Industrial and Government Relations