Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.
Intellectual property rights include patents, copyright, industrial design rights, trademarks, plant variety rights, trade dress, geographical indications, and in some jurisdictions trade secrets.
What does IP mean in business?
Intellectual property (IP) refers to creations of the mind: inventions; literary and artistic works; and symbols, images, names and logos used in commerce. Businesses are often unaware that their business assets include IP rights.
Ownership of intellectual property can be owned by one entity, typically the creator, in the form of Sole Ownership. One or more creators can also own ownership of intellectual property through Joint Ownership.
Is furniture copyrighted?
Some aspects of furniture design are considered unique artistic endeavors protected by copyright law, just like a sculpture or an architectural plan. However, the functional or utilitarian aspect of furniture design would be covered by patent law rather than by copyright.
What are the main objects of intellectual property?
Intellectual property rights protect inventions, trademarks, creativity and resourcefulness. Intellectual property is comprehended as covering two categories, in particular: industrial property, where the owner is granted monopolistic rights to technical or aesthetic inventions as well as exclusive marks.
Can you trademark a furniture design?
A particular aspect of a product design, or even the configuration of the product itself, may be protected as a trademark or trade dress. And while patent and copyright protection is finite, trademark and trade dress protection can last for as long as a product is sold.
What are the list of activities which are covered by the intellectual property rights that are laid down by the World intellectual property Organization WIPO )?
Intellectual Property Right
Industrial designs.
Scientific discoveries.
Protection against unfair competition.
Literary, artistic, and scientific works.
Inventions in all fields of human endeavor.
Performances of performing artists, phonograms, and broadcasts.
Trademarks, service marks, commercial names, and designations.
About this video:- In this video you will know about the franchise business model in depth and about our Client Parvez Alam Ji owner of AFZ furniture. Watch the full video to know more about all the information regarding franchise business model and how parvez ji got the whole and sole monopoly in it.
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