In today ’s economic environment‚ intangible assets are becoming increasingly important. These assets which are the result of human intellectual creative activity such as artistic creation‚ know-how‚ design‚ and invention are known as "intellectual property." “Among the forms of intellectual property specifically entitled to legal protection are inventions‚ trademarks‚ designs‚ literary works‚ layout-designs of integrated circuits and trade secrets. As the volume of trade in goods and services involving
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intellectual activity‚ hence‚ we can classify them into three distinctions; patents‚ copyright and also trademarks (Cronk‚ Hill and Wickramasekera 2011‚ pp 258-262) . •Patents are a legal device that grants the inventor of a new product or process exclusive rights for a defined period to the manufacture‚ use or sale of the invention. (Our products designs/prototypes‚ manuals and also applications/programs for products) •Copyrights are exclusive legal rights of authors‚ composers‚ artists and publishers to
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to and harm from the law or action challenged to support that party’s participation in the case. When it comes to the right of standing in cases related to patented technology‚ it becomes more complicated than just being able to prove that the infringement harms the party‚ he should also have all the rights of the patented technology to be eligible to sue. Let us suppose a researcher patents a new technology. Sensing its usefulness in industry‚ the licensor grants to a major corporation an exclusive
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The impact of Computing on Intellectual Property Rights Barry Rhoden Vector Technology Institute Abstract The digital age has revolutionized the way things are done; some changes are subtle whilst some include a whole paradigm shift. One area that has regressed with the arrival of contemporary computing is intellectual property rights. Today’s information systems are taxing and challenging existing laws and social practices that protect private intellectual property. Unlike the industrial age
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and novel works indicating ownership of a particular right. Intellectual Property Rights are customarily divided into two main areas; these are Copyright and rights related to copy right Industrial Property Copyright This is the legal term describing rights given to creators for their literary and artistic works. The goal of copyright law is to encourage authors to
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Intellectual Property (IP) IP as a general term refers to the subject matter of the laws that give rise to proprietary interests in creations of the mind. The various tools of IPR that are used to protect innovations are Copyrights‚ Industrial Designs‚ Data Protection‚ Geographical Indications‚ Patent and Trademark. Introduction to Intellectual Property Rights (IPRs) In earlier times‚ the concept of property meant something tangible. Man used to be in possession of property and property
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Case Analysis: Taiwan Semiconductor Manufacturing Co. v. Semiconductor Manufacturing International Corporation Name: Po-Lin Chiang MBA 511: Law for Global Business Instructor: Robert Richards Date: March 7‚ 2013 Abstract Every trade act can cause many different issues. As a result‚ every company needs laws to protect their right when they are doing with other. In addition‚ every country has different law for these business acts. People need to deeply understand the causes and consequences
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LEXUS VS LEXUS ( TOYOTA MOTOR CORPORATION (TMC) VERSUS SMALL TO MEDIUM COMPANIES IN USING LEXUS TRADEMARK) By: Asana Kusnadi 29112574 Final Examination Paper of Business Ethic and Law (MM 5001) School of Business and Management Institute of Technology Bandung 2013 Table of Content 1. Opening 1.1 Background 1.2 Scope of Discussion 1.3 Objective 1.4 Study Methodology 2. Literature Study 2.1 The Born of Lexus 2.2 Lexus Sales 2.3 Intellectual Property
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The Politicization of Intellectual Property Rights Yuan Yuan Wang Senior Thesis On November 21st‚ 2011‚ the United States and China signed a intellectual property framework agreement in order to address some of the intellectual property issues that have plagued economic relations between the two countries. The agreement called for both countries to open up a constructive dialogue regarding intellectual property issues‚ as well as for the formation of a third party task
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copies of movies becoming available on the Internet prior to their U.S. theater release (Seiler and Snider 2003) Piracy is the unauthorized use or reproduction of music‚ movies‚ books‚ and other types of content that are granted protection under copyright law. This kind of protection typically gives the owner of the content the exclusive right to perform certain actions on the content or to authorize others to do so. We recognize that determining whether an action is
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