Intellectual property has assumed central importance throughout the world in the recent past. Intellectual property is the creative work of human intellect. The main motivation of its protection is to encourage and reward creativity. The prosperity received by developed nations is the result of exploitation of their intellectual property. Intellectual property relates to pieces of information which can be incorporated in tangible objects at the same time in an unlimited number of copies at different
Intellectual Property Management for Business Advantage Role of NGOs/Civil Society Groups Besides mandated Law by parliament, NGOs play major role in preserving Intellectual Property Rights. They act in the benefit of people to encourage creativity and innovation. At the point when the Commission on Intellectual Property Rights distributed its report Integrating Intellectual Property Rights and Development Policy in 2002, a key finding was the current impact of NGO movement in connection to intellectual
LSM The impact of intellectual property rights on preserving the competitive advantage. A case study of Apple Inc’s iPhones . Word Count: 14,014 Abstract The world today has rapidly developed into a services industry where knowledge is power. Knowledge provides means of acquiring newer technologies which then businesses can then use to create new products. In this context, IPRs become a valuable asset that firms can use strategically to lessen or prevent competition. IPRs are basically
INTRODUCTION Property in general parlance can be defined as a physical or tangible asset whose ownership is vested in a person or a group of person who exercise full control over the properties. The owner has complete right over the property and his right includes right to sell, mortgage, and rent However, intellectual property is not a new concept but it has gained importance with the emergence of globalisation. With the growth in international trade and commerce there was a need felt for introducing
Intellectual Property is original property created in someone's mind. It can be a play, a novel, a product invention, a marketing plan, a logo or many other things. But, note that not every idea will be classified as intellectual property. To be intellectual property, the idea must be marketable and valuable in some manner. Though there are many different types, all intellectual property is innovative, developed through a creative process, and intangible. intellectual property is handled in the same
limited duration right pertaining to invention, issued by the US Patent and Trademark Office distributes these rights and exchanges offers for a public display of the invention. Whereas Copyrights are designed to provide protection to the works of authors or art that is amiably expressed. These are issued by Copyright Office. Trademarks as are defined under law, are distinctive
important factor of development since the evolution of human beings. In the modern global economy, knowledge has gained even more importance as a factor of production. This is one of the fundamental reasons behind recognizing knowledge as a “property” and attaching rights to the holders of knowledge, akin to property holders. This led to the concept of Intellectual Property (IP). 2. During the recent past, it has increasingly been acknowledged that the Traditional Knowledge (TK) can be very useful in
their idea of equality for the modern social order differs, which leads to two distinctive conclusions, democracy for the former and communism for the latter, which is adopted by different nations in the world. Both social theorists place high importance in analysing the history of society to determine the modern social order, and agree with the rise of the industrial capitalist society following the collapse of the feudal social system. However, they have differing views with regards to the fundamental
university-employed scientists. In addition to part-time employment contracts and informal collaborations that connect biotechnology firms and universities, there are also formal inter-organizational contractual linkages such as technology licensing deals, in which rights to use distinct discoveries are acchieved by firms, and sponsored research agreements, in which firms provide the fund for university research (Stuart et al.,
Student ID 2007 Patents and copyright are true property rights that can be licensed, assigned and transferred and, as such, ought to be perpetual as there is no public interest in limiting their duration by a fixed term. “Furthermore, there is no need to have regard for interests other than those of the inventor and the author in determining the scope of protection, and the list of subject matter excluded from patentability and defences to copyright infringement and exceptions to copyright should