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 ?
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.
The International Agreement on Trade-Related Aspects of Intellectual Property Rights (the ''TRIPS Agreement'') set out the enforcement measures in domestic legislation for its member countries.
This article summarizes the legal implications of this new regulation, namely the impact on ownership and transfer of intellectual property rights involved in R + D projects.
Countries may also exempt any species from patenting or intellectual property rights.
The International Intellectual Property Rights Institute (IPRI) is a well-established institution for the evaluation of intellectual property rights at the international level.
Gepty stressed that the IPOPHL would sustain these positive actions to improve the intellectual property rights (IPR) protection and enforcement in the country.
According to the firm s announcement, the acquired intellectual property rights include U.
Intellectual property rights involve rights to protect trademarks, patents, copyrights, industrial designs, plant breeders rights, traditional knowledge and folklore.
Ahmed Ezzet, an AFTE lawyer, explained to Daily News Egypt that while the government should aim to strike a balance between intellectual property rights and the right to information, it is "giving precedence to intellectual property rights.
Chamber of Commerce and other business leaders, gave no specific commitments but said China would better protect intellectual property rights.
has asked China for detailed information regarding its efforts to enforce intellectual property rights (IPR) laws.
Even if intellectual property rights are not the driving force behind an acquisition from an insurance company, access to or transfer of the intellectual property rights and information technology often is essential to the seamless transition of business from the seller to the purchaser.

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