intellectual property

(redirected from Industrial property right)
Also found in: Dictionary, Thesaurus, Legal.
Related to Industrial property right: Intellectual Property law

intellectual property

(legal)
(IP) The ownership of ideas and control over the tangible or virtual representation of those ideas. Use of another person's intellectual property may or may not involve royalty payments or permission, but should always include proper credit to the source.

Intellectual Property

 

a legal concept encompassing copyrights; rights relating to the activities of performing artists, sound recordings, radio and television broadcasts; invention and patent rights; rights to scientific discoveries; rights to industrial models, trademarks, firm names, and commercial designations; and protection from unfair competition; as well as all other rights relating to intellectual activities in industrial, scientific, literary, and artistic fields. The concept came into international use in the 1960’s. In 1967 a convention was signed in Stockholm establishing the World Intellectual Property Organization. The convention went into force in 1970. As of Jan. 1, 1972,25 states had joined the convention, including the USSR, the Ukrainian SSR, the Byelorussian SSR, Bulgaria, Hungary, Rumania, the German Democratic Republic, Czechoslovakia, Great Britain, the Federal Republic of Germany, and the USA.

intellectual property

Intellectual property refers to the proprietary assets of an organization. In the computer field, hardware circuits, software and text are copyrightable. Depending on the situation, the algorithms used within hardware circuits and software may also be patentable, and brand names can be trademarked as long as they are not generic descriptions. However, intellectual property (IP) covers more than just copyrights, patents and trademarks; for example, customer databases, mailing lists, trade secrets and other business information are also included.
References in periodicals archive ?
This is due to the peculiar nature of patents and trademarks--intangible and immaterial--which does not permit the "physical transfer of the trademark to the seller." (48) Therefore, the recordation of the assignment is viewed as evidence to third parties of the transfer of the industrial property rights to the buyer.
from the point of view of finance economics of the universities, a definitely important element is information collected regarding costs that arise from the commercialization of scientific research results--proportionally the largest part represent costs related to ensuring legal protection for the holders of industrial property rights.
The controversial decision issued by the Ministry of Business and Trade's Industrial Property Rights Office, thus the Administrative Division should be competent not the Civil Division, especially that Article 3/3 of the Law 7 of 2007 superseded Article 15/5 of Trade Mark Law no.
The Economic Cooperation Organization (ECO)'s 1st Coordination Committee Meeting on Industrial Property Rights will be hosted by Turkish Patent Institute (PTI) on September 29, 2010.
Dubai Customs takes a special interest in IPR where a dedicated department, the first of its kind in the Middle East, was established in 2005 pacing with the country's policy, commitment to international agreements and conventions, interest in protecting intellectual and industrial property rights and keeping consumers away from all forms of fraud and exploitation that aim at making quick earnings regardless to human's health and security.
Geza Szathmary is a licensed expert in the law of international commerce and of industrial property rights. In the 1950s and 1960s, he was a lawyer with the National Bank of Hungary, working in international banking law and foreign trade.
Information technology company IBM (NYSE:IBM) announced on Monday (11 September) that the German Patent and Trade Mark Office (DPMA), the central government agency in charge of industrial property rights in Germany, has engaged IBM in a four-year agreement to implement an electronic file system.
The survey will cover four types of industrial property rights -- patents, utility model rights, copyrights on designs and trademarks -- and monitor moves of related current accounts, how companies make use of the rights and other trends, they said.
Over the past year, CAN has taken some very important strides, including the enactment of a pro-democracy policy and a stronger stance on protection of industrial property rights. These changes should pave the way for major expansion of inter- and intra-community trade by 2005.
The subcommittee also said patent lawyers should be allowed to arrange license agreements between companies and represent clients in lawsuits on industrial property rights.
For several years, the US has maintained a special officer in its embassies in Saudi Arabia and the United Arab Emirates, to pressure those governments to adopt or improve industrial property rights (IPR) legislation and its enforcement.

Full browser ?