Intellectual Property Fundamentals

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What is the primary purpose of Intellectual Property Rights?

To grant creators control and allow them to profit from their work

What is the duration of protection granted to inventors under patent protection?

20 years

What type of intellectual property protects the ornamental or aesthetic aspects of a product?

Industrial Design

What is the name of the agency established in 1967 as a specialized agency of the United Nations?

WIPO

What is the term for confidential business information that provides a competitive advantage?

Trade Secret

What is the name of the law that established the Intellectual Property Office of the Philippines?

Republic Act No. 8293

What is the primary purpose of Intellectual Property Protection?

To protect creations of the mind, such as inventions and literary works

What is a common challenge faced by individuals and small businesses when it comes to Intellectual Property Protection?

High Costs

What is the primary purpose of a Business Roadmap?

To outline company structures, strategies, and goals

What is a Production Roadmap primarily used for?

To track the progress of a product over time

What is the primary purpose of a Marketing Plan?

To outline target markets, goals, competition, and content initiatives

What is a Social Media Marketing Plan primarily used for?

To create a separate social media marketing plan for a company’s marketing goals

Test your knowledge of intellectual property, including its definition, international organizations, and types of IP. Learn about patents, copyrights, and more!

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