Thursday, 24 January 2013

Intellectual Property Rights



     
      Intellectual property rights refers to the general term for the assignment of property rights through patents, copyrights and trademarks. These property rights allow the holder to exercise a monopoly on the use of the item for a specified period.

       By restricting imitation and duplication, monopoly power is conferred, but the social costs of  monopoly power may be offset by the social benefits of higher levels of creative activity encouraged by the monopoly earnings. 








Protection



Intellectual Property Protection


Copyright
Copyright is a legal concept, enacted by most governments, giving the creator of an original work exclusive rights to it, usually for a limited time. Generally, it is "the right to copy", but also gives the copyright holder the right to be credited for the work, to determine who may adapt the work to other forms, who may perform the work, who may financially benefit from it, and other related rights. It is a form of intellectual property (like the patent, the trademark, and the trade secret) applicable to any expressible form of an idea or information that is substantive and discrete.

Patent

patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time, in exchange for the public disclosure of the invention.



trademark is a recognizable signdesign or expression which identifies products or services of a particular source from those of others.The trademark owner can be an individual, business organization, or any legal entity. A trademark may be located on a package, a label, a voucher or on the product itself.



Reference :

thomaslawfirm.co

http://www.bu.edu/otd/for-inventors/invention/ip/patents  




     



                               




 Intellectual Property Rights Law


The Philippine government has made it a State policy to protect and promote intellectual property rights.  This policy was enshrined both in the 1973 Constitution which provides that “the exclusive right to inventions, writings and artistic creations shall be secured to inventors, authors, and artists for a limited period” and in the 1987 Constitution which explicitly mandates that the State shall protect intellectual property.
The Philippines became a member of the World Intellectual Property Organization [WIPO] in 1980.  It was a signatory to a number of significant multilateral international agreements and treaties for the protection and promotion of intellectual property rights.
The first laws protecting intellectual property rights were enacted in the Philippines in 1947, to wit:
   Republic Act No. 165 otherwise known as “An Act Creating a Patent Office, Prescribing its Powers and Duties, Regulating the Issuance of Patents and Appropriating Funds Therefor”.
   Republic Act No. 166 otherwise known as “An Act to Provide for the Registration and Protection of Trade Marks, Trade Names and Service Marks, Defining Unfair Competition and False Marking and Providing Remedies Against the Same, and for other Purposes”.
Subsequent to the foregoing, additional laws were enacted and issuances promulgated to further promote and protect intellectual property rights, to wit:
   Republic Act No. 422 transferring the examination of copyright applications to the Bureau of Public Libraries.
   Republic Act No. 623 regulating the use of duly stamped or marked bottles, boxes, casks, kegs, barrels, and other similar containers;  providing, in the case of foreign applicants, for reciprocity and recognition of their priority rights; establishing, in the case of trademarks, principal and supplemental as well as interference proceedings;  extending protection of utility models and industrial designs under the patent system; and providing, in the case of trademark registration, for reciprocity arrangement with other countries.
   Republic Act No. 5434 providing for a uniform procedure for appeals from the decision of quasi-judicial officers including the Director of Patents.
   Administrative Order No. 94 [November 20, 1967] creating a committee to review the Philippine patent system and recommend amendatory laws to further upgrade it.
   Presidential Decree No. 721 creating the Legal Services Division and the Research and Information Division in the Philippine Patent Office. Subsequently, major reorganization of the various Divisions was made in the 1980's.  The General Organic Chemistry Division and the ChemicalTechnology Division were merged to form the Chemical Division.  The Mechanical-Electrical Divisionwas merged with the Mechanical, Design, Utility Model Division and Electrical Division to form the Mechanical and Electrical Examining Division.
   Presidential Decree No. 1263 amending Republic Acts Nos. 165 and 166, granting authority to the Philippine Patent Office to increase its fees and to spend a portion of its income for priority projects; exempting indigent inventors who filed their application for patent through the Philippine Inventor's Commission from all fees charged by the Philippine Patent Office; and shortening the period for thegrant of a compulsory license from one hundred eighty [180] days to one hundred twenty [120] daysfrom the date the petition is filed in cases where the compulsory license applied for is on a patented product or process involving  any project approved by the Board of Investments [BOI].
   Executive Order No. 133 [February 27, 1987] merging the Philippine Patent Office with the then Technology Transfer Board thereby creating the Bureau of Patents, Trademarks and Technology Transfer  [BPTTT].
   Executive Order No. 60 was issued in 1993 creating the Inter-Agency Committee on Intellectual Property Rights [IAC-IPR] under the Office of the President of the Philippines.
   Department Administrative Orders Nos. 5 and 6 introduced amendments to the Rules of Practice in Patent and Trademark Cases and the Rules of Procedures of the Technology Transfer Registry effective on March 15, 1993.cralaw
   Republic Act No. 8293 otherwise known as the Intellectual Property Code of the Philippines was enacted and signed into law in 1997.  It took effect on January 1, 1998.

Monday, 19 November 2012

Intellectual Property Rights


     
      Intellectual property rights refers to the general term for the assignment of property rights through patents, copyrights and trademarks. These property rights allow the holder to exercise a monopoly on the use of the item for a specified period.

       By restricting imitation and duplication, monopoly power is conferred, but the social costs of monopoly power may be offset by the social benefits of higher levels of creative activity encouraged by the monopoly earnings. 


     



                                 References : http://pinterest.com/maria_shields1/cute-sayings-or-pictures/      http://stats.oecd.org/glossary/detail.asp?ID=3236 


Intellectual Property Protection

 Copyright

  

Copyrights protect works of authorship, such as writings, music, and works of art that have been tangibly expressed. Copyright protection is usually used to protect software, websites, diagnostic questionnaires, course materials, publications, both printed, on-line and electronic and so forth. 



Patents




It is very important to understand that a patent only provides one right – the right to exclude others from doing what is claimed in the patent. By itself, it doesn’t necessarily provide the right to practice the invention. There may be pre-existing patents held by others that prevent a patent holder from practicing their own patent without a license.

Trademark

Trademarks protect words, names, symbols, sounds, or colors that distinguish goods and services. Trademarks, unlike patents, can be renewed forever as long as they are being used in business.

Trademarks protect words, names, symbols, sounds, or colors that distinguish goods and services.




 

Reference :

thomaslawfirm.co

http://www.bu.edu/otd/for-inventors/invention/ip/patents