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The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in most of the world's legal systems. [6] Supporters of intellectual property laws often describe their main purpose as encouraging the creation of a wide variety of intellectual ...
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.
Furthermore, if the intellectual property right is granted (e.g. if the applicant becomes owners of a patent or of a registered trademark), the owner benefits from the same protections and the same legal remedy against any infringement as if the owner was a national owner of this right.
The Customs and Border Protection agency, which is in part responsible for enforcing intellectual property rights and upholding trade laws, seized $3.33 billion worth of counterfeit goods in 2021 ...
First, patents and industrial designs have a strong presence in the consumer electronics industry. As evidenced by the steady stream of novel high-tech offerings and the rate at which the latest gadgets become ‘‘obsolete,’’ companies in the electrical industry invest millions in research and development to meet the immense demand for new, useful technologies, and to help bring to ...
The World Intellectual Property Organization is an international organization dedicated to ensuring that the rights of creators and owners of intellectual property are protected worldwide, and that inventors and authors are recognized and rewarded. As a specialized agency of the United Nations, the organization provides a forum for its member ...
The World Intellectual Property Report (WIPR) [1] is a biennial analytical publication by the World Intellectual Property Organization, an agency of the United Nations. Each report examines a different theme, focusing on trends in a particular area of intellectual property and innovation .
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.