intellectual property right


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Intellectual Property Rights

The right of a person or company to exclusively use its own ideas, plans, and other intangible assets without competition, at least for a certain period of time. Examples of intellectual property include copyrights, trademarks, patents, and trade secrets. Intellectual property rights may be enforced by court through a lawsuit. The idea behind the protection of intellectual property is to encourage innovation without fear that a competitor may steal the idea and/or take credit for it.

intellectual property right

the legal ownership by a person or business of a COPYRIGHT, DESIGN, PATENT or TRADE MARK attached to a particular product or process which protects the owner against unauthorized imitation.

intellectual property right

the legal ownership by a person or business of a COPYRIGHT, DESIGN, PATENT, TRADE MARK attached to a particular product or process that protects the owner against unauthorized copying or imitation. Such property rights are an important element of PRODUCT DIFFERENTIATION and confer temporary MONOPOLY advantages to suppliers.
References in periodicals archive ?
The enforcement of intellectual property rights; comparative perspectives from the Asia-Pacific region.
As far as intellectual property right concerned, most of the respondent replied that in university most of us are unaware about its legal status in Pakistan, there is no guidance and counseling services are available.
This powerful legislation gives intellectual property right holders certain rights and remedies related to copyright rights.
Yuriy Brovchenko also emphasized the importance of coordinated interaction between public authorities, which, within their competence, should promote effective protection, commercialization and protection of intellectual property rights. For this purpose, weighed in the Strategy, it is necessary to reflect the position of all interested institutions.
"Intellectual property rights support all commercial relationships on which sports are based and allows sports to be viewed in different ways wherever we are.
He added that the Omani Intellectual Property Society seeks to maintain contact with institutions, associations and individuals so as to respond to any IP-related queries, explain the methods for protecting intellectual property rights and provide information.
Qatar has initiated new proceedings against Saudi Arabia before the World Trade Organisation's dispute settlement body, accusing Riyadh of violating the intellectual property rights of Qatari citizens and entities guaranteed under international conventions.
Ms Stoneham said their partnership with CIPA was so successful in such a way that they held a workshop conducted by a US expert on intellectual property rights in Gaborone and Francistown.
Saudi Arabia stresses on providing strict intellectual property protection, guaranteeing the protection of intellectual property rights for companies and individuals under the system, building an environment conducive to business and innovation and creating an investment environment with high quality protection in the Kingdom.
He says piracy is a problem in Liberia does not only affects intellectual property rights, but also government revenues increment, among others.
In this connection, a seminar on 'Trade related aspects of intellectual property rights' will be held here at the AIOU's main campus next week.
Islamabad -- Intellectual Property Organization of Pakistan (IPO-Pakistan) and National Engineering and Scientific Commission (Nescom) will organize training sessions for scientists and researchers for the promotion of Intellectual Property Rights (IPRs).

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