Intellectual property Flashcards
(10 cards)
What is intellectual property
- Intellectual property is something unqiue that you physically create.
- By protecting your intellectual property, it is easier to accelerate legal proceedings in the event you find someone attempting to steal ot imitate your IP, known as infringment
Why is protection for IP essential?
Its essential for a healthy creative industry
- It encourages entrepreneurs and supports commercial research. Thats why an understanding of IP is improtant for a lot of people in lots of differnet careers.
Key points about IP
- An idea alone is not intellectual property
- IP can be bought and sold, e.g. when a large company buys a smaller one
- If properly managed, IP can amount to 70% of a businesses value
- Some types of IP are automatic - e.g. copyrights for books, art, film but some you have to apply for
Design rights
Design rights have up to 10-15 years after creation, design rights only apply to the shape and configration of the product.
Is automatic however yo must provide proof when creating the design. It stops someone copying your design
Copyright
Copyright is valid for the creators life plus 70 years, works for music, art, film, literary and broadcasts, Is automatic and do not have to apply or pay fees however ther is a register of copyright works in the UK. It stops people from copying your work, renting or lending copies, putting it on the internet.
Patents
Are valid up to 20 years, The novel and unique feture or features of an invention. Apply to the Intellectual property office. Can give you protect your invention, gives you rthe right to take legal action against someone anyone who uses sells or imports it without your permission
Registered designs
Valid up to 25 years, A products shape and decoration, Register with the IPO, Gives you the right to prevent other from using it for up to 25 years, rebew every 5 years, makes taking legal action against infringment and copying more straightfoward
Trademarks and logos
Trade marks can last for ever, Brand identity, e.g. words, logos, sounds, colour. Register with the IPO. Take legal action against anyone who uses your brand ithout your permission. Put the R symbol next toyour brand, to show your possetion
Open Design
Open design is a approach to designing and manufacturing which operates outside the protection of patents and other types of IP. People opt to develop physical products, machines and systems that can be freely accessed by everyone. Developing these for the common good of society, rather tham for financial gain.
Practical action
An organisation promoting ‘technological justice’ to challenge pverty in developing coutries, by prodcucing freely copiable designs for life improving projects such as swater pumping and purfication systems