Intelectual Property (Com) Module 3.pptx

for ADDITIONAL REFERENCE ONLY. CREDIT TO THE ORIGINAL OWNER

1. Chapter 6

2. Chapter 6 Definition of Intellectual Property refers to creations of the mind, such as inventions, literary and artistic works, and symbols, names, and logos used in commerce.“ Protected by law which enables people to earn recognition or financial benefit from what they invented. Example: patent inventions, copyright content, branding and logos, design patent.

3. Definition of Intellectual Property refers to creations of the mind, such as inventions, literary and artistic works, and symbols, names, and logos used in commerce.“ Protected by law which enables people to earn recognition or financial benefit from what they invented. Example: patent inventions, copyright content, branding and logos, design patent. Importance of IP Encourages innovation and creativity Protects creators' rights Supports economic growth and development Promotes global trade and commerce Artist would be fully compensated for their creations and cultural vitality wouldn’t suffer as a result.

4. Definition of Intellectual Property refers to creations of the mind, such as inventions, literary and artistic works, and symbols, names, and logos used in commerce.“ Protected by law which enables people to earn recognition or financial benefit from what they invented. Example: patent inventions, copyright content, branding and logos, design patent. Importance of IP Encourages innovation and creativity Protects creators' rights Supports economic growth and development Promotes global trade and commerce Artist would be fully compensated for their creations and cultural vitality wouldn’t suffer as a result.

5. Importance of Intellectual Property Encourages innovation and creativity Protects creators' rights Supports economic growth and development Promotes global trade and commerce Artist would be fully compensated for their creations and cultural vitality wouldn’t suffer as a result. Types of

6. Importance of IP Encourages innovation and creativity Protects creators' rights Supports economic growth and development Promotes global trade and commerce Artist would be fully compensated for their creations and cultural vitality wouldn’t suffer as a result. Types of Copyrights Trademark Trade Secret Patent Moral Rights

7. Types of Copyrights Trademark Trade Secret Patent Moral Rights Patent (inventions) is a grant of exclusive rights to make, use, and sell an invention for a certain period of time. How to obtain a patent: File an application with the patent office Pay the required fees Wait for the patent to be granted Set of Standard the invention must be new the product must be original not obvious to someone who has experience in the invention’s fields A trademark (brand names ,logos, slogan) is a symbol, word, phrase, or design that identifies a business or product. How to obtain a trademark: File an application with the trademark office Pay the required fees Wait for the trademark to be registered Copyright (software code, e-books, digital content) is a set of exclusive rights given to the creator of an original work. How to obtain a copyright: Register your work with the copyright office Display a copyright symbol (©) on your work Trade Secrets: Trade secrets protect confidential and valuable information that is not publicly known or easily discoverable. They can include business methods, recipes, formulas, or technical data. Examples: Recipes for Coca-Cola's secret formula, Google's search algorithm

8. Types of Copyrights Trademark Trade Secret Patent Moral Rights Patent (inventions) is a grant of exclusive rights to make, use, and sell an invention for a certain period of time. How to obtain a patent: File an application with the patent office Pay the required fees Wait for the patent to be granted Set of Standard the invention must be new the product must be original not obvious to someone who has experience in the invention’s fields A trademark (brand names ,logos, slogan) is a symbol, word, phrase, or design that identifies a business or product. How to obtain a trademark: File an application with the trademark office Pay the required fees Wait for the trademark to be registered Copyright (software code, e-books, digital content) is a set of exclusive rights given to the creator of an original work. How to obtain a copyright: Register your work with the copyright office Display a copyright symbol (©) on your work Trade Secrets: Trade secrets protect confidential and valuable information that is not publicly known or easily discoverable. They can include business methods, recipes, formulas, or technical data. Examples: Recipes for Coca-Cola's secret formula, Google's search algorithm

9. Types of Copyrights Trademark Trade Secret Patent Moral Rights Patent (inventions) is a grant of exclusive rights to make, use, and sell an invention for a certain period of time. How to obtain a patent: File an application with the patent office Pay the required fees Wait for the patent to be granted Set of Standard the invention must be new the product must be original not obvious to someone who has experience in the invention’s fields A trademark (brand names ,logos, slogan) is a symbol, word, phrase, or design that identifies a business or product. How to obtain a trademark: File an application with the trademark office Pay the required fees Wait for the trademark to be registered Copyright (software code, e-books, digital content) is a set of exclusive rights given to the creator of an original work. How to obtain a copyright: Register your work with the copyright office Display a copyright symbol (©) on your work Trade Secrets: Trade secrets protect confidential and valuable information that is not publicly known or easily discoverable. They can include business methods, recipes, formulas, or technical data. Examples: Recipes for Coca-Cola's secret formula, Google's search algorithm

10. Types of Copyrights Trademark Trade Secret Patent Moral Rights Patent (inventions) is a grant of exclusive rights to make, use, and sell an invention for a certain period of time. How to obtain a patent: File an application with the patent office Pay the required fees Wait for the patent to be granted Set of Standard the invention must be new the product must be original not obvious to someone who has experience in the invention’s fields A trademark (brand names ,logos, slogan) is a symbol, word, phrase, or design that identifies a business or product. How to obtain a trademark: File an application with the trademark office Pay the required fees Wait for the trademark to be registered Copyright (software code, e-books, digital content) is a set of exclusive rights given to the creator of an original work. How to obtain a copyright: Register your work with the copyright office Display a copyright symbol (©) on your work Trade Secrets: Trade secrets protect confidential and valuable information that is not publicly known or easily discoverable. They can include business methods, recipes, formulas, or technical data. Examples: Recipes for Coca-Cola's secret formula, Google's search algorithm

11. Types of Copyrights Trademark Trade Secret Patent Moral Rights Patent (inventions) is a grant of exclusive rights to make, use, and sell an invention for a certain period of time. How to obtain a patent: File an application with the patent office Pay the required fees Wait for the patent to be granted Set of Standard the invention must be new the product must be original not obvious to someone who has experience in the invention’s fields A trademark (brand names ,logos, slogan) is a symbol, word, phrase, or design that identifies a business or product. How to obtain a trademark: File an application with the trademark office Pay the required fees Wait for the trademark to be registered Copyright (software code, e-books, digital content) is a set of exclusive rights given to the creator of an original work. How to obtain a copyright: Register your work with the copyright office Display a copyright symbol (©) on your work Trade Secrets (confidential business methods, algorithms) Trade secrets protect confidential and valuable information that is not publicly known or easily discoverable. They can include business methods, recipes, formulas, or technical data. Examples: Recipes for Coca-Cola's secret formula, Google's search algorithm

12. Types of Copyrights Trademark Trade Secret Patent Moral Rights Patent (inventions) is a grant of exclusive rights to make, use, and sell an invention for a certain period of time. How to obtain a patent: File an application with the patent office Pay the required fees Wait for the patent to be granted Set of Standard the invention must be new the product must be original not obvious to someone who has experience in the invention’s fields A trademark (brand names ,logos, slogan) is a symbol, word, phrase, or design that identifies a business or product. How to obtain a trademark: File an application with the trademark office Pay the required fees Wait for the trademark to be registered Copyright (software How to obtain a copyright: Register your work with the copyright office Display a copyright symbol (©) on your work code, e-books, digital content) is a set of exclusive rights given to the creator of an original work. ‘]]

13. The cost of protecting intellectual property can vary widely depending on the type of IP, the jurisdiction, and the scope of protection desired. Here are some estimated costs associated with protecting different types of intellectual property. COPYRIGHT   Small Entity Big Entity Copyright deposit/ Recordation up to Reconstitution of Records Php. 20,700.00 Php. 29,050.00 PATENT   Small Entity Big Entity Pre-examination Php. 14,148.60 Php. 21,758.40 Examination Php. 13,850.00 Php. 27,180.00 Post examination Php. 16,090.00 Php. 18,680.00 Annuities under R.A. 8293 Php. 199,592.00 Php. 399,120.00 Source: Intellectual Property Office of the Philippines COST OF PROTECTION

14. Best Practices for Protecting Intellectual Property Conduct a patent search before developing a new product or service File for patents promptly to secure exclusive rights Register trademarks to protect brand names and logos Use non-disclosure agreements (NDAs) to protect confidential information Keep trade secrets confidential by limiting access and using encryption

15. Challenges in Protecting Intellectual Property Cost of patent protection can be prohibitive for small businesses and startups Complexity of patent law can be difficult to navigate for non-experts Infringement risks are high due to ease of online sharing Balancing IP protection with collaboration and open innovation can be challenging

16. A contracts agreement refers to a written or oral agreement between two or more parties that governs the use, development, ownership, and management of intellectual property rights, such as patents, trademarks, copyrights, and trade secrets. Intellectual property contracts can be used to: Assign: Transfer ownership of IP rights from one party to another. License: Grant permission to use IP rights for a specific purpose or duration. Collaborate: Cooperate on the development and commercialization of IP. Settle disputes: Resolve conflicts or disputes related to IP ownership or use. Protect: Enforce IP rights and prevent unauthorized use or infringement.

17. Types of contracts Written contracts is a document that outlines the terms and conditions of an agreement between two or more parties. It is a legally binding document that sets out the rights and obligations of each party. Matters that can be set out a contract include: Materials Timeframes Payments Verbal contracts/ oral contract is an agreement between two or more parties that is based on a verbal understanding or agreement, rather than a written document. In the context of intellectual property, verbal contracts can be problematic because they can be difficult to prove and enforce.

18. Standards-form contracts These are pre-drafted agreements that outline the terms and conditions for the use, development, and commercialization of intellectual property rights. These contracts are widely used in the industry to ensure that all parties involved understand their rights and obligations. Period contract is a type of agreement that governs the use, development, and commercialization of intellectual property (IP) for a specific period of time. This period can be fixed or variable, and the contract may specify the duration of the agreement, the rights and obligations of the parties, and the conditions for termination.