This guide provides an overview of intellectual property rights. Topics included cover trademarks, service marks, copyrights, patents, and trade secrets. Information on remedies for infringement is also provided.
Illinois USLegal Guide to Intellectual Property Rights
State:
Multi-State
Control #:
US-GDE-22
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Word;
Rich Text
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FAQ
With this investment, it should come as no surprise that employers generally own the intellectual property created by its employees in the course of their employment. However, intellectual property that is created by an employee, other than in the course of employment, is owned by the employee not the employer.
The purpose of intellectual property rights is to encourage new creations, including technology, artwork, and inventions, that might increase economic growth.
Definition and Examples of Intellectual Property It includes inventions; literary and artistic works; designs; and symbols, names, and images used in commerce and business. Intellectual property owners have specific exclusive rights to their creations.
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.
Intellectual property or IP refers to anything that has been created, like designs, inventions, brand names, and literary works. IP is protected by law, for example through copyright, patents, and trade marks, so the author has sole authorisation over who can use and distribute their work.
Intellectual property represents an essential feature for technology intelligence, as well as a key stage in technology transfer and innovation management. Increasingly, its protection and registration enable the development of technology-based firms or startup companies.
Examples of intellectual property rights include:Patents.Domain names.Industrial design.Confidential information.Inventions.Moral rights.Database rights.Works of authorship.More items...?
To obtain a patent in the U.S., the inventor must file a patent application with the United States Patent and Trademark Office (USPTO), which includes (1) a written document comprising a description and claims, (2) drawings when necessary, (3) an oath or declaration, and (4) filing, search, and examination fees.
Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.
