16 Questions
What does IP (Intellectual Property) Law concern?
Rights associated with creative effort, innovation, commercial reputation, and goodwill
What is the main purpose of IPRs (Intellectual Property Rights)?
To protect the subject matter or creative work
What does a Copyright protect?
Original work such as art, literature, or other created work
What does a Trademark protect?
Names, short slogans, or logos
What does a Patent protect?
New inventions, processes, and compositions of matter
What happens to intellectual property after IPRs expire?
It becomes Public Domain
What is the main rationale for granting Copyright in civil law countries?
To increase progress and culture
According to UK Labor theory of property, what is the universal right that leads to 'own the fruits of one’s own labor'?
Universal right to own oneself
Which of the following is NOT a source of Intellectual Property Law?
Regional (European Directives)
What are examples of non-protectable material according to the text?
Ideas and facts
What does the expansion in nature and scope of IP law NOT include?
Public domain and open sources
What is the main purpose of IPRs according to the most shared approach mentioned in the text?
To avoid free riding
Which type of rights are not considered as part of the expansion in nature and scope of IP law according to the text?
(A bunch of) rights granted to the author
What is NOT a legislative source of Copyright according to the text?
1994
What is the rationale behind granting Copyright in common law countries?
(incentives)
What does Intellectual Property Law protect according to the text?
(Inventions, marks, ad creations)
Study Notes
Intellectual Property Law
- Concerns the legal rights that protect creations of the mind, such as inventions, literary and artistic works, and symbols, names, images, and logos used in commerce.
Intellectual Property Rights (IPRs)
- The main purpose is to give creators of intellectual property the exclusive rights to exploit their work for a certain period of time.
- Include Copyright, Trademarks, and Patents.
Types of IPRs
Copyright
- Protects original literary, dramatic, musical and artistic works, such as books, music, and films.
Trademark
- Protects signs, symbols, logos, and brands that distinguish goods or services from those of others.
Patent
- Protects inventions, such as new products, processes, or methods.
IPRs Expiration
- After IPRs expire, the intellectual property enters the public domain, meaning anyone can use it without needing permission or paying royalties.
Rationale for Granting Copyright
Civil Law Countries
- The main rationale is to reward creators for their efforts and to encourage innovation and creativity.
UK Labor Theory of Property
- States that everyone has the universal right to own the fruits of one’s own labor.
Sources of Intellectual Property Law
- NOT a source: moral rights.
Non-Protectable Material
- Examples include ideas, concepts, and facts, which are not protected by IPRs.
Expansion of IP Law
- Does NOT include moral rights.
Main Purpose of IPRs
- According to the most shared approach, the main purpose is to stimulate innovation and creation by granting exclusive rights to creators.
Expansion of IP Law
- Does NOT include moral rights, which are considered part of the author's personal rights.
Legislative Sources of Copyright
- NOT a source: Common Law.
Rationale for Granting Copyright
Common Law Countries
- The rationale is to balance the rights of creators with the public interest in accessing and using copyrighted works.
Intellectual Property Law Protection
- Protects creations of the mind, such as inventions, literary and artistic works, and symbols, names, images, and logos used in commerce.
Test your knowledge of Intellectual Property (IP) Law, which concerns rights associated with creative effort, innovation, commercial reputation, and goodwill. Explore the subject matter, protection requirements, granted rights, and the notion of 'Public Domain'.
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