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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.
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 ...
An intellectual property policy (IP policy) comprises the policies and procedures set up by a company, a state, or an institution that relate to creating, using or disseminating its intellectual property. The purpose of the intellectual property policy is to foster the creation and dissemination of knowledge and to provide certainty in ...
IP5 is a forum of the five largest intellectual property offices in the world. The five patent offices are the US Patent and Trademark Office (USPTO), the European Patent Office (EPO), the Japan Patent Office (JPO), the Korean Intellectual Property Office (KIPO), and the National Intellectual Property Administration (CNIPA formerly SIPO) in China.
For the first seven editions of the IPC, the classification was updated approximately every five years. With the eighth edition, which came into force January 1, 2006, the system was revised and the classification was divided into "core" and "advanced" levels. The core level was to be updated on a three-yearly basis.
Intellectual property organizations are organizations that are focused on copyrights, trademarks, patents, or other intellectual property law concepts. This includes international intergovernmental organizations that foster governmental cooperation in the area of copyrights, trademarks and patents (such as organizations based on or founded by treaty), as well as non-governmental, non-profit ...
The World Trade Organization's Trade-Related Aspects of Intellectual Property Agreement (TRIPS), established in 1994 during the Uruguay round of trade talks, spearheaded agreements on intellectual property rights on a global scale and added more specific rules to be followed. [2]
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