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Intellectual property – intangible assets such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property rights include copyright, trademarks, patents, industrial design rights, trade dress, and in some jurisdictions trade secrets.
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. [1] [2] There are many types of intellectual property, and some countries recognize more than others. [3] [4] [5] The best-known types are patents, copyrights, trademarks, and trade secrets.
Outline of intellectual property. Outline of patents; Higher categories: Property and Property law: While no creative work is automatically protected worldwide, ...
It is updated every five years and its latest 11th [2] version of the system groups products into 45 classes (classes 1-34 include goods and classes 35-45 embrace services), and allows users seeking to trademark a good or service to choose from these classes as appropriate. Since the system is recognized in numerous countries, this makes ...
TRIPS = The Agreement on Trade Related Aspects of Intellectual Property Rights is an international agreement administered by the World Trade Organization (WTO) that sets down minimum standards for many forms of intellectual property (IP) regulation as applied to nationals of other WTO Members. This also indicates that this country has at least ...
Reasonable and non-discriminatory (RAND) terms, also known as fair, reasonable, and non-discriminatory (FRAND) terms, denote a voluntary licensing commitment that standards organizations often request from the owner of an intellectual property right (usually a patent) that is, or may become, essential to practice a technical standard. [1]
The Paris Convention, established in 1883 and still in force in 2024, is one of the first intellectual property treaties. It was created to provide a unified system that offers protection of industrial property, including patents, trademarks, and industrial designs, among its member countries. Article 6ter was added to the Convention in 1925 ...
Intellectual property valuation is a process to determine the monetary value of intellectual property assets. IP valuation is required to be able to sell, license, or enter into commercial arrangements based on IP. It is also beneficial in the enforcement of IP rights, for internal management of IP assets, and for various financial processes.
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