Today’s Post: #Legal Capsule on Intellectual Property Protection#
Intellectual Property Protection encompasses a set of laws and procedures aimed at safeguarding the rights of individuals and companies in their creative and intellectual works. This protection also includes various aspects such as literary and artistic rights, patents, trademarks, and trade secrets. Here’s an overview of intellectual property protection:
1. Literary and Artistic Rights (Copyright):
Definition: Protection for literary and artistic works such as books, music, films, software, and visual arts.
Duration of Protection: This varies by national legislation, but it typically lasts for the lifetime of the author plus 50 to 70 years after their death.
Basic Rights: These include the rights to copy, distribute, publicly display, and create derivative works.
2. Patents:
Definition: Protection for new and useful inventions, which can include products, processes, or machines.
Duration of Protection: Typically 20 years from the filing date of the application.
Requirements: The invention must be new, non-obvious, and industrially applicable.
3. Trademarks:
Definition: Protection for symbols, names, or logos that distinguish a company’s products or services.
Duration of Protection: Usually 10 years, renewable indefinitely as long as the trademark is continuously used.
Basic Rights: These include the exclusive right to use the trademark and to prevent others from using similar marks that might cause confusion.
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