8.2.1 Intellectual property rights

• What do design rights protect?

  Visual appearance of an object
• Design rights can last up to 25 years.
• What is the tangible medium in copyright?

  Fixed form of expression
• Trademarks allow businesses to distinguish their products from competitors
• Patents grant exclusive rights to use, sell, and manufacture an invention for20 years.
• What are the four main types of intellectual property?

  Patents, Copyright, Trademarks, Design Rights
• What types of inventions do patents protect?

  Processes, machines, manufactures
• Copyright protects original works of authorship fixed in a tangible medium.
• Trademarks are renewable every 10 years.
• What do design rights protect?

  Visual appearance of an object
• Copyright duration lasts for the author's lifetime plus 70 years.
• Copyright protects books, music, films, and software.
• What are trademarks used to distinguish?

  Products from competitors
• What does intellectual property comprise?

  Creations of the mind
• Intellectual property includes inventions, literary and artistic works, designs, and symbols
• Intellectual property is legally protected to grant creators recognition and financial benefit.
• Match the type of intellectual property with its description:

  Patents ↔️ Protect new inventions

  Copyright ↔️ Protects original works of authorship

  Trademarks ↔️ Protect brand names and logos

  Design Rights ↔️ Protect the visual appearance of an object
• What do patents protect?

  New inventions
• Patents protect new inventions for 20 years
• What does copyright protect?

  Original works of authorship
• The duration of copyright is the author's lifetime plus 70 years.
• What do trademarks protect?

  Brand names and logos
• Trademarks are renewable every 10 years
• Examples of trademarks include the Coca-Cola logo and the Nike swoosh.
• Patents grant inventors exclusive rights for 20 years from the filing date.
• For how long do design rights last?

  Up to 25 years
• Reproducing or distributing copyrighted materials without permission is copyright infringement.
• Examples of intellectual property infringement

  1️⃣ Unauthorized distribution of a copyrighted song

  2️⃣ Selling a patented device without permission
• What is intellectual property licensing?

  Granting permission to use IP
• An exclusive license grants the licensee sole rights within a specific area or industry.
• Match the type of licensing agreement with its description:

  Exclusive License ↔️ Sole rights to use IP in a specific area

  Non-Exclusive License ↔️ Multiple licensees can use the IP

  Limited Use License ↔️ Restricted to specific purposes

  Sublicensing Agreement ↔️ Permission to sublicense IP to others
• Key clauses in a licensing contract include payment terms and termination conditions.