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i heard this name in bbc business talk.

2006-07-07 18:55:18 · 10 answers · asked by Divya Prakash 1 in Education & Reference Trivia

10 answers

In law, intellectual property (IP) is an umbrella term for various legal entitlements which attach to certain types of information, ideas, or other intangibles in their expressed form. The holder of this legal entitlement is generally entitled to exercise various exclusive rights in relation to the subject matter of the IP. The term intellectual property reflects the idea that this subject matter is the product of the mind or the intellect, and that IP rights may be protected at law in the same way as any other form of property.

Intellectual property laws vary from jurisdiction to jurisdiction, such that the acquisition, registration or enforcement of IP rights must be pursued or obtained separately in each territory of interest. However, these laws are becoming increasingly harmonised through the effects of international treaties such as the 1994 World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs), while other treaties may facilitate registration in more than one jurisdiction at a time. Certain forms of IP rights do not require registration in order to be enforced.

2006-07-07 18:59:12 · answer #1 · answered by Hawk996 6 · 0 0

Intellectual property are ideas fixed in a form. That is, it is NOT the idea itself but rather how it's presented. It's also the laws set up to register, manage and govern those presentation of ideas. That can be a bit hard to wrap your mind around so let's look at some examples from the three branches of intellectual property: copyrights, patents and trademarks.

Copyrights can be obtained for things of an artistic nature. This includes, of course, poetry, films, sculptures, music, fiction, etc. But can also include things that may not necessarily seem "artistic" in the general sense of the word. Copyrights can also be obtained for advertising copy, games, software programs and blueprints, to name just a few.

Patents are protection for inventions as well as significant improvements to already existing inventions. Inventions are mostly thought of as things like Edison's electric lamp or phonograph. There are three distinct sections within the patent realm – utility, design and plant. Utility patents protect the invention in its utilitarian sense (i.e. how it functions and how it's used) whereas design patents protect the invention in its ornamental appearance.

Trademarks can be names of products or services, logos, slogans, packaging and even sounds and smells. In essence, a trademark can be almost anything that is used to identify a particular product or service. Registering a trademark grants the owner exclusive rights to the mark within the specified industry. Of course, it's necessary to research the mark comprehensively prior to filing to ensure that there is no possibility of infringing upon another party.

Hope that helps!

2006-07-08 03:30:58 · answer #2 · answered by TM Express™ 7 · 0 0

Intellectual property is an idea you own. Some examples include works of art, like paintings, musical arrangements, films, poems, essays, and so on. You might also own a trademarked logo or slogan for your company. You can own patents, meaning you own the "idea" of how to make a certain product.

We own many things in the material world, and it's easy to say "This is my television, because it's in my house and here's the receipt for the sale of it." Ownership of intellectual property is harder to nail down. If I were to say, "I own the rights to make this television because I designed it and I came up with the idea of this particular TV set first," it would be hard for me to prove and hard for other people to dispute. That's probably why you heard about it in business--intellectual property can sometimes be very valuable (think of the Nike "swoosh" logo or the character of Mickey Mouse--both intellecual property).

2006-07-07 19:05:33 · answer #3 · answered by Anonymous · 0 0

intellectual property is the legal right to control something intellectually created. For example, if you wrote and published a song, you would have control over the use of that song for profit (think copywrite). Intellectual property also extends to invention and research.

Intellectual property rights can be bought and sold just like any other commodity. If you wrote software, you could sell the liscence to that software to Microsoft. Then Microsoft would have control of that software and its distribution, as well as modification, or simply using a portion of the software in a larger piece of software.

If you were working for Microsoft, and you wrote a piece of software as part of your job, then Microsoft would have own the rights to the software, and not you.

Hope that helps.

2006-07-07 19:04:55 · answer #4 · answered by Kathleen C 2 · 0 0

Intellectual property is the type of item which cannot be seen or held, but still has value. This includes copyrights, patents, trademarks, etc. You have to register these to have any right to them, otherwise whatever you do could be stolen and patented, etc. before you have the chance to. Then, they have the right to it, whether or not you came up with the idea.

2006-07-10 09:10:05 · answer #5 · answered by cross-stitch kelly 7 · 0 0

Do you propose State intellectuals? organic and organic intellectuals? Are you suggesting that there is not any such element as an organic and organic psychological? Are you speaking about bill Gates, or about Subcomandante Marcos? "the a lot" exists in ordinary words as a way of seeing human beings. that's the hot "mob." If one seems out and sees "the a lot," possibility is s/he's living a million miles away and/or in an unique international of information. truly there's a stress between theory and practice. yet that is no longer a foul element. that's all about capacitandose!

2016-11-06 01:10:28 · answer #6 · answered by ? 4 · 0 0

a work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark, etc.

2006-07-07 18:58:52 · answer #7 · answered by Kryztal 5 · 0 0

Intellectual property is something you own by virtue of having created it, e.g. poem, story, song, etc.

2006-07-09 10:17:21 · answer #8 · answered by Anonymous · 0 0

Patents, copy rights etc

2006-07-07 19:00:05 · answer #9 · answered by aruna_the_guru 2 · 0 0

http://en.wikipedia.org/wiki/Intellectual_property

2006-07-07 18:59:33 · answer #10 · answered by Lizziedoddle B 2 · 0 0

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