IP

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Last updated 9:43 AM on 4/22/26
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16 Terms

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Intellectual Property (IP) Law

A type of property that comes from products of mental effort, including copyrights, trademarks, patents, and trade secrets.

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Patent Law

Grants exclusive rights to inventors for a new product or a new way of doing something, typically lasting 20 years from the filing date.

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Copyright Law

Protects original literary and artistic works from the moment of creation, covering various forms such as books, articles, and music.

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Trademark Law

Protects symbols, words, or marks that distinguish the goods and services of an enterprise, requiring registration for rights.

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Geographic Indications

Signs used on products that have a specific geographical origin and possess qualities or reputation due to that origin.

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Trade Secret

Information that is not generally known and provides a business advantage, protected from disclosure.

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Prior Art

Any evidence that an invention is already known before the filing date of a patent application.

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Patent Infringement

Unauthorised use, sale, or distribution of a patented invention.

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Novelty

The requirement that an invention must be new and not part of prior art to be patentable.

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Copyright Infringement

Unauthorized use of a copyrighted work, which can lead to legal action and damages.

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Duration of Copyright Protection

Typically lasts for the life of the author plus 50 years, varying by country.

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Rights of Patent Holder

The rights belong to the inventor or their heirs; jointly held inventions are shared among inventors.

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Best Practices for Patent Application

Include investigating prior art, registering promptly, stipulating ownership in contracts, and providing patent notices.

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Damages in Copyright Infringement

In an infringement action, the court may grant damages for the unauthorized use of copyrighted work.

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Confidentiality Agreement

A contract that ensures the secrecy of undisclosed information or trade secrets.

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Industrial Design

The aesthetic aspect of a product, which can be protected as part of intellectual property law.