ipl-logo

The Four Types Of Intellectual Property

1615 Words7 Pages

Intellectual property is a form of protection right given to works under federal or state law. It is usually given to works that are copyrightable, new discoveries and invention. Usually, assets that are going to be protected are non-physical. The four types of intellectual property are Copyright, Trademarks, Patents and Trade Secret. Intellectual property has a given set of time of expiry date to encourage further innovation. Copyright and patent usually are not enjoyable for too long while, handled at the state level under the Uniform Trade Secrets Act, can last for a longer time since it is meant for gaining competition against competitors. In the following sections, we are going to discuss the issues that can happen with three subcategories …show more content…

Educational use is only "fair use" if justified, after examination of all the facts and circumstances.. If any use of copyrighted materials that you propose is likely to substitute for purchase, subscription, or license of the original material and thereby deprive the copyright owner of revenue, that use is likely to be unfair. To acquire permission, we must determine who is the copyright owner of the material we intend to use, contact the owner and obtain permission to use the work in the territory and format intend. Permission fees are negotiable and will vary depending on the amount and nature of the material we intend to use. The records of the Copyright Office, if kept up to date, should tell you who owns the copyright. Copyright Office will search its records on request for an hourly fee. Copyright is a form of intellectual property (as patents, trademarks and trade secrets are), In general, it is illegal for anyone to do any of the things listed above with a work created by you without author’s or creator’s permission, but there are some exceptions and limitations to your rights as a copyright holder. One major limitation is the doctrine of “Fair Use”. The Copyright Act of 1976 (as amended) is the current copyright law and is codified in Title 17 of the U.S. …show more content…

Trade secrets is design, patterns or even a recipes that were used by a companies to overcome towards their economy strategies such as customers. This sort of secret is clarified as confidential information and were only known to the creator or the companies executives. The Uniform Trade Secret Act or (UTSA) was amended in 1985 and act as an effort to provide better trade secrets in United States. Below is the one of the example violation of trade secrets.
United States v. Aleynikov case. The people involved is Sergey Aleynikov and his former employer, which is Goldman Sachs & Co. (Goldman). Aleynikov, two years worked for Goldman as computer programmer helps to write down the source code of high frequency trading (HFT). Aleynikov downloaded the source code to his personal computer of which he tries to meet with his current company rivals, Teza technologies LLC a financial firm which were located in Chicago. However Aleynikov was arrested by FBI in Newark Liberty International Airport in New Jersey as he came back from meeting with Teza’s

Show More
Related
518 Words | 3 Pages

He was blamed for work at Wall Street in 1989 and was the biggest investigator of that time. He was indicted for 98 indictments for blackmail and securities fraud, and he was found guilty after the investigation. Julius Meinl is the next and was on a $ 133 million bail. Meinl is a billionaire from the UK who doubted he was involved in the sale of secret stocks and shares that were linked to his European land company. Meinl was

Read More
791 Words | 4 Pages

The government wanted to blame someone for the “Silk Road” and Ross Ulbricht was the scapegoat. First, the government, did an illegal search in the investigation by not obtain a warrant to search the servers. The government basically hack the server to retreat the information. No one was questioned about how they got the information, but yet Ross Ulbricht got life in prison.

Read More
306 Words | 2 Pages

Incidentally, the pair ran connection cables through the ceiling and down to the network switch, where it was linked to port sixteen, and acquired internet access. Once they were connected, they viewed articles on home-made drugs, submitting fraudulent tax returns, and credit cards. In addition, they stole the identity of another inmate and applied his name and social security number for five different credit card applications. Investigators discovered an inventory of hacking tools, as well as brute force password crackers, an email spamming program, and a Java-based tool employed to perpetrate man-in-the-middle attacks. The abundance of prohibited programs allowed the pair to grant passes to prisoners and to retrieve inmate records such as disciplinary records, sentencing data, and prisoner locations.

Read More
457 Words | 2 Pages

357 (1836), if an invention was in public use for more than two years prior to the patent application, with the consent and allowance of the inventor, the effect was to render the letters-patent invalid. Secondly that whether the use of an invention is public or private does not necessarily depend upon the number of persons to whom its use is known. If an inventor, having made his device, gives or sells it to another, to be used by the donee or vendee without limitation or restriction or injunction of secrecy and it is so used, such use is public even though the use and knowledge of the use may be confined to one

Read More
203 Words | 1 Pages

Private Banking service Piguet Galland & Cie SA agreed to pay $15.4 million to avoid U.S. prosecution. In addition to the settlement, Piguet Galland will also continue to cooperate with the Department of Justice to see how the Swiss bank and others helped Americans dodge taxes through loopholes and havens. With the settlement, the private bank joins 42 others in reaching similar settlements this year. In lieu of prosecution, the U.S. has collected $380.3 million in penalty payouts. For a detailed layout of the penalties paid by the Swiss Banks, see the graph below from Bloomberg.

Read More
228 Words | 1 Pages

Every year up to 2,68m patent applications are submitted worldwide [1] and the wealth of technology contained in patent documents cannot be rated high enough. Handling intellectual property necessarily involves the process of correctly describing the innovation in the body of the most important part of a patent document, - patent claims, the only part of a patent that defines the scope of inventor’s rights. Linguistically, the claim is the most difficult information carrier due to the restrictions that Patent law imposes on the claim structure. The claim is to be written as a single albeit very complex and long sentence, with a well-specified conceptual, syntactic and stylistic/rhetorical structure that is extremely difficult even for patent

Read More
617 Words | 3 Pages

Copyright may apply to a wide range of creative, intellectual, or artistic forms, or “works” (Source 2 and 3) Copyright does not cover ideas and information themselves, only the form or manner in which they are expressed (Source 4). A copyright protects the form of expression of a creator against copying. Literary, dramatic, musical and artistic works are included within the protection of U.S. copyright law. The USPTO does not register copyrights, the copyright office does.

Read More
330 Words | 2 Pages

Copyright Law was signed in 1790 by George Washington. Copyright law protect creative efforts in order to encourage the growth of human knowledge. “Copyright is what protects original works of many kinds from being wrongly duplicated and distributed”. You own the right of any image, music and written stuff, you make during a freelance assignment unless you have agreed to sell some or all of the rights to the client. You can register a copyright, There is a procedure for registering your materials in the Copyright Office in the Library of Congress.

Read More
973 Words | 4 Pages

Daniel J. Gallington said “So also, in most of the rest of the world, there is content surveillance and monitoring of Internet-based traffic by one or more government intelligence or law enforcement agencies—and usually without any threshold showing or requirement for probable cause or reasonable belief to look at the substance of the communication.” He is saying that the government should have wiretapping and shouldn’t have to say anything about it or have probable cause because the internet needs to be monitored. New York Times Said One case involved a group of men in San Diego convicted of sending money to an extremist group in Somalia. The other was presented as a nascent plan to bomb the New York Stock Exchange, although its participants were not charged with any such plot. Both were described by Sean Joyce, deputy director of the Federal Bureau of Investigation, at a rare public oversight hearing by the House Intelligence Committee.

Read More
441 Words | 2 Pages

Included in the bust were two regular people and one prisoner. The test found that jail watches and staff were pirating stash, for example, alcohol, tobacco and PDAs into the cell phones for cash. Detainees utilized the unlawful mobile phones to submit wire extortion, tax

Read More
687 Words | 3 Pages

The rules and regulations regarding intellectual property vary from country to country. Cameroon has IP rights under an organization known as, The African Intellectual Property Organization or the French acronym OAPI, which was established in March 1977. (6) This organization is in charge of the intellectual property rights for several neighboring countries to Cameroon, and its major objective is to protect these rights for all the people who live there. Cameroon has done very little to enhance their IP rights throughout the years and their process needs to change. The people understand that they lack control of the rights they are given and are in the process of protesting.

Read More
356 Words | 2 Pages

There are situations in which you do not have to obtain permission to reproduce copyrighted work. This rule is called “fair use” or has fallen into public domain. Fair use happens when a copyrighted work is used as a quote and is used as a comment or to criticize. For instance, quoting one or two lines from a song for a review, summarizing an article for a report or reference in a court case. Fair use is also used in what is called a Parody, which criticizes a work by imitating it in a funny way.

Read More
2068 Words | 9 Pages

Copyright is an intellectual property right which is legally enforceable. According to the concept in the Copyright Act, a copyrighted work prevents stealing and infringing of a person’s original creations. These are the following works that can be copyrighted under the Copyright Act; - Dramatic works (scripts,

Read More
1354 Words | 6 Pages

These essential principles for trade secret protection are recognized by North American Free Trade Agreement (NAFTA), General Agreement on Tariffs and Trade (GATT), World Trade Organization (WTO) and the national laws protecting trade secrecy around the world.

Read More
2155 Words | 9 Pages

This idea is what is deemed to be a property; an idea so unique and personal, that any person with such an idea is its owner and has certain rights over it. This is what is referred to as Intellectual Property Rights, and the area of law governing it is known as Intellectual Property Law (I.P. Law). This essay restricts itself to the discourse of Copyright Law field of I.P. Law and the effects

Read More

More about The Four Types Of Intellectual Property

Related Topics

Open Document