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The current copyright law, Republic Act No. 8293 (Intellectual Property Code of the Philippines), was passed in 1998. [11] The Philippines was removed from Special 301 Report of the United States Trade Representative (USTR) in 2014, citing "significant legislative and regulatory reforms" in the area of intellectual property. The country began ...
This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...
A 4% royalty on sales value for a 5-year period of the license, together with a lump-sum payment of $32000 (risk-free income) on execution of the license is then the 'asking price' in the example. The TTF of this projection is 2.6, implying that for every dollar of royalty paid, the OP to the licensee enterprise is multiplied by this factor.
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
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]
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After the fall of particular Philippine dominions to the Kingdom of the Spains and the Indies which started in 1565, due to the much earlier Spanish royal authorization given to the royal audience and chancery of New Spain on 26 February 1538 to prohibit the title of "lord" from being adopted by the nobles of acquired overseas dominions, since ...
It is a trade agreement between the countries of Japan and the Philippines with the aim of "liberalizing and facilitating trade in goods and services between both nations as well as to increase investment opportunities and strengthen protection for investments and investment activities." [21]
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