Intellectual property (IP) is an intangible property that is the result of human creativity, such as patents, trademark, copyrights etc. Intellectual property encompasses two types of rights as follow:
- Industrial property rights- trademarks, patents, industrial design, geographical indications
Normally, IP are protected by intellectual property law by giving rights to people and businesses for the information and intellectual goods they created usually for limited period of time. This allows creators, or owners of the abovementioned IP works to benefit and make profit from their own work or investment in creation. These economic incentives are expected to encourage and stimulate innovation that will contribute to the technological advancement of the countries.
Some illustrations about each intellectual property are as follow:
- Patent- An exclusive right granted for an invention at a limited period of time. This right will allow patent owner to stop others from making, using, selling and importing the invention. Patent owners may give permission to, or license, other parties to use their inventions on mutually agreed terms. In spite of that, they may also sell their invention rights to someone else, who then becomes the new owner of the patent.
- Trademark- a sign that distinguishes the goods and services of one trader from another trade. A mark can be a device, brand, heading, label, ticket, name, signature, word, letter, numeral or any combination of these. Trademark helped consumer to identify and purchase a product or service based on whether it si specific characteristic.
- Industrial Design- the ornamental or aesthetic aspect of an article. A design may consist of three-dimensional features, such as the shape or surface of an article, or two-dimensional features, such as patterns, lines or color. Therefore, industrial designs are what make an article attractive and appealing; hence, they add to the commercial value of a product and increase its marketability. When an industrial design is protected, the owner (the person or entity that has registered the design) is assured an exclusive right and protection against unauthorized copying or imitation of the design by third parties.
- Geographical Indication- A sign used on goods that have a specific geographical origin and possess qualities or a reputation due to that place of origin. Most commonly, a geographical indication consists of the name of the place of origin of the goods. A geographical indication guarantees to consumers that a product was produced in a certain place and has certain characteristics that are due to that place of production.
- Copyright- A legal term used to describe the rights that creators have over their literary and artistic works for limited time. Works covered by copyright range from books, music, paintings, sculpture, films, computer programs, databases, advertisements, maps etc. Copyright grants the creator of an original work exclusive rights to determine whether, and under what conditions, this original work may be used by others
JasCal is providing intellectual property services as follow:
- Trademark Registration