Transcript What is Intellectual Property

What is Intellectual Property ?
• Patents—protection of technology
• Trademarks—protection of domain names and
product identity
• Copyrights—protection of software and
written material
• Trade Secrets—protection of internal secret
information
• Know How—Contractual transfer of
knowledge from experts
What is a Patent ?
• A grant from the government for the
legal right to exclude others from
making, using or selling a patented
invention for a limited time
What can be Patented ?
• A process that either transforms subject
matter from one form to another or produces
a useful, concrete and tangible result
• A machine
• A article of manufacture
• A composition of matter
• Any new or useful improvement of the above
Trademark
• Word, name, symbol, device or combination
of any of these which
Distinguishes goods from others
Identifies quality
What is a copyright ?
• Protection of the expression of an idea, rather
than the idea itself
• Protection for the work of authorship
• Protection is against copying not against
independent development
Copyright Protection is for
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Literary work
Musical work
Dramatic work
Dance and Choreographic work
Motion Pictures and audiovisual work
Sound recordings
Architectural work
Bayh-Dole Act 1980
• Title to any patentable idea conceived or
developed under federal sponsorship may
vest in a non profit organization or small
business
• The government retains a nonexclusive,
nontransferable, paid-up license to the
invention to practice or have practice on its
behalf through the world
Bayh-Dole Requires that
Universities
• Take steps to achieve practical application of
the invention
• Ensure that the invention is available for
public use
• Give preference to U. S. licensees
• Take action to alleviate health or safety needs
• Share royalties with inventors
Other Responsibilities
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Background Intellectual Property
Material Transfer Agreements
Export Control
Confidentiality Agreements
Conflicts of Interests
Industrial and Government Relations