Significance of Intellectual Property

OptimalDeStijl avatar
OptimalDeStijl
·
·
Download

Start Quiz

Study Flashcards

18 Questions

What does copyright provide protection to?

Literary, artistic, and musical creations

What is the significance of Intellectual Property Rights (IPRs)?

To encourage human efforts that promote economic and cultural development

What does Intellectual Property (IPRs) concern itself with?

Governing the use of human creations

What does Intellectual property law try to regulate?

Creation, use, and/or exploitation of mental or creative labour

What does the protection of trademarks aim to prevent?

Unauthorized imitation of trade names

What is the purpose of extending protection to the finer manifestation of human achievements?

To encourage creators to continue their efforts

Why must creators receive suitable rewards for their intellectual creations?

To promote economic and cultural development

What does Intellectual Property Rights (IPRs) aim to prevent third parties from doing?

Taking unjust benefits from intellectual property not owned by them

What is the purpose of a patent?

To grant a monopoly right to the creator of a new and useful invention

What does the term 'patent' signify?

An exclusive license granted to an inventor

What encourages inventors to carry out more research and development?

The monopoly right granted through patenting

What does a patent signify for an inventor?

An exclusive right to make use of their invention

What is a patent?

An exclusive right to use or exercise an invention granted to a person for a limited period

What is the primary purpose of a patent?

To encourage scientific research, new technology, and industrial progress

What is the geographical limitation of a patent?

It cannot be enforced in any country other than the one it was granted in

What must an invention be in order to be patentable?

New, useful, and applicable for industrial purposes

What is the object of patent law?

To encourage scientific research, new technology, and industrial progress

What happens to an invention after the expiry of the fixed period of the monopoly granted by a patent?

It is no longer protected and becomes public domain

Explore the significance of intellectual property including patents, designs, trademarks, and copyrights. Understand the protection provided to technological inventions, mass-produced goods, and literary, artistic, and musical creations.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...
Browser
Browser