Category of property that include intangible of human intellect
According to World Intellectual Property Organization (WIPO), Intellectual Property Rights
Refers to creations of the mind such as inventions, literary devices, and artistic works; designs; and symbols, names and images used in commerce
Intellectual Property Office of the Philippines
Administers and implements state policies in relation to intellectual property
Republic Act 8293
Defines intellectual property to include copyrights and related rights; trademarks and services marks; geographic indications; industrial designs; layout designs of integrated circuits; and protection of undisclosed information
Copyrights
Use of performance of original works of literature, art, music, drama, or any other form of expression
The legal right given to the owner of the original work or intellectual property
These "works" are original intellectual creations in the literacy and artistic domain protected from the moment of their creation
Patents
The use, manufacture, or sale of inventions
Provide property rights on autonomous inventions
Patent laws protect inventors from cases of unauthorized parties producing, using, or selling their inventions
Trademarks
The use of symbols, Words, names, pictures, designs
Used by firms to identify products, brands, or services
It provides distinctions between products offered by different businesses
Trade Secrets
The privacy of data, documents, formulas, or anything that is to be maintained as confidential information
Any valuable information that is not publicly known and which the owner has taken "reasonable" steps to maintain secrecy
Critical in the process of ensuring that a business remains competitive and that relevant corporate advantages are preserved
Plagiarism
An act of fraud; it involves both stealing someone else's work and lying about it afterward
According to U.S. law, the expression of original ideas is considered intellectual property and is protected by copyright laws, just like original inventions
Almost all forms of expression fall under copyright protection if they are recorded in some way (such as a book or a computer file)