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intellectual property |
Also found in: Legal, Wikipedia, Hutchinson | 0.07 sec. |
intellectual propertyProperty that derives from the work of an individual's mind or intellect. Early copyright law aimed to protect the economic interests of book publishers rather than the intellectual rights of authors. Modern copyright law protects the labour of elaborating an idea, but not the idea itself. The concept of discovery also plays a role in intellectual property rights: a patent is awarded to one who can demonstrate that he or she has invented something not previously known. The World Trade Organization requires members to establish and enforce minimum levels of copyright, patent, and trademark protection within their jurisdictions. The World Intellectual Property Organization, which began operations in 1970, promotes the worldwide protection of both industrial property (inventions, trademarks, and designs) and copyrighted materials (literary, musical, photographic, and other artistic works). intellectual propertySee IP.
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Editorial covers such topics as: preparing for the phase out of quotas and safeguards on Chinese imports; avoiding dumping allegations; maximizing cost-savings under free trade agreements; structuring a global export compliance program; European import/export compliance; protecting IP rights through customs procedures; and, adapting to the U. TEI understands, however, that the IRS is considering whether income tax may be imposed upon the imputed fair market value of the IP rights subject to a CLA, treating any cash payment as a "net amount" reflecting the purported difference in the imputed fair market value of the IP owned by each party. Being allowed to buy the IP rights for such a treasure trove is exactly what happened to Junichi Hisamatsu eight years ago, when he became acquainted with Mr. |
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