What’s Intellectual Property?
In brief, Intellectual Property (IP) includes the research outcomes that relate to: literary, artistic and scientific works, including computer software; performances of performing artists, phonograms, and broadcasts; inventions in all fields of human endeavor; scientific discoveries; original data collected or measured during the course of a research project; industrial designs, and; all other outcomes resulting from intellectual activity in the industrial, scientific, literary or artistic fields.
How is IP Protected?
Major legal IP regimes include:
Copyrights – Protects the work of the human intellect such as literary, artistic and scientific works learn more
Industrial designs – Protects the ornamental or aesthetic aspect of a useful article (learn more)
Integrated circuit topographies – Provides protection to three-dimensional configurations of electronic circuits found in integrated circuit products or layout designs (learn more)
Patents – Protects an invention, a new solution to a technical problem (learn more)
Plant breeders’ rights – Protects new plan varieties (learn more)
Trade-marks – A sign that is used to distinguish the goods or services offered by one undertaking from those offered by another (learn more)
Trade secrets – Includes valuable business information that derives its value from the secrecy (learn more)
What is the difference between inventorship and authorship?
The requirements for inventorship and authorship of an academic paper are not the same. Authorship is determined by academic custom while inventorship is a legal issue giving rise to property rights relating to the practice of an issued patent. Like joint-authorship, it is possible to be a joint- inventor. However, because authorship is more expansive than inventorship, it is probable that the list of co-inventors does not include all of the co- authors.
What is the importance of inventorship?
Entire industries may be built on the basis of a single patent and the potential financial benefits may be considerable. A patent is a tool that enables inventors to defend their market position by preventing others from using or selling that invention from another source. This enables investors to profit from their investments. A rule of thumb is that an inventor can be defined by someone who is the first to contribute to the conception and reduction to practice of one or more of the claims in a patent application or patent. As previously mentioned, those named in a patent are granted a property right. The inappropriate naming of an inventor on a patent may be grounds for the court to invalidate the patent. Therefore, the standard of inventorship is high. An inventor’s contribution must relate to at least one claim in the patent document.