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The assignment of intellectual property (IP) refers to the process by which ownership of work product created for an entity by an employee or consultant is transferred to the entity.
Examples of intellectual property rights include: Patents. Domain names. Industrial design. Confidential information. Inventions. Moral rights. Database rights. Works of authorship.
Intellectual Property (IP) law relates to the establishment and protection of intellectual creations such as inventions, designs, brands, artwork and music.
Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.
Using an IP assignment agreement, sellers surrender all ownership rights to the intellectual property and no longer have any say over how the IP is used. This gives the buyer complete control and ownership rights of the intellectual property involved.
Intellectual property refers to creations of the mind. It can be an invention (patent / utility model), a design (industrial design), a brand name (trademark, or a literary and artistic work (copyright).
What are the different types of intellectual property rights? In India, there are 7 types of intellectual property rights, namely ? copyright, trademarks, patents, geographical indications, plant varieties, industrial designs and semiconductor integrated circuit layout designs.
Intellectual Property Law includes patents, copyrights, trademarks, and trade secrets. All of these areas are related in that they deal with protecting products of the mind but in other ways they are very different.