Intellectual property rights as a concept was first brought to light as back as 1867 in the North Germany Confederation, the constitution of which granted power over its intellectual property. The organization relocated to Geneva in 1960 and was established as World Intellectual Property Organization (WIPO) and treated as an agency of United Nations (Boldrin & Levine, 2008)…
If not then licensing of patents will have to be negotiated between the company and the laboratory. In such a scenario it is the internal agreement between the laboratory and the staff, students or post doc fellows which comes in effect. There might be a general agreement in place and specific agreement for the particular project might have to be executed including or excluding the right so people of the laboratory (Queen’s University IPR Guide, 2011) 2) Work for Pay – if the staff is specifically hired to follow directions of the laboratory coordinator or anyone else then they shall not be entitled to any IPR as it was not their genesis. They were just executors who acted on behalf of the director and did not contribute any cognitive inputs (NIT, Rourkela 2009) 3) Contractual work – if the project is work-for-hire, the employee or agency will retain the right to be identified as the creator of the IP but the right of commercialization and IP rests with the laboratory. In such cases the staff depending on the general agreement has the share of the IP benefit as the work was not indigenously developed by the laboratory. 4) Full time work – if any student or staff works in the laboratory full time or part time the rights to IP depends on the contract of employment. ...
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“Intellectual Property Rights Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.net/other/19567-intellectual-property-rights.
Intellectual Property. Intellectual property is a broad and complex term that generally refers to specific intangible creations of an individual’s mind. Intellectual property law mainly protects the rights on intangible assets such as music, literature, art, discoveries and inventions, phrases, symbols, and designs.
WTO or World Trade Organization has applied some minimum standards for the safe guard of the intellectual property. This agreement came into existence in 1994 after the Uruguay round of GATT ended. GATT stands for “General Agreement on Tariffs and Trade”, which led to the formation of WTO (Archibugi and Filippetti, 2010).
Intellectual property right is not a new term for the current developing software industry. The term covers a variety of intangible rights of possession in a technology based asset like that software program. Every intellectual property "right" is itself a personal or corporate asset, a piece of the general possession pie.
The law of copyright protection provides the exclusive protection to the author to make copies of the work, sell or license it and use it for any purpose whatsoever. It provides protection to the broadcasters and singers in the shape of exclusive rights to their broadcasted work to ensure that others do not infringe upon their rights.
This assumption would stand as long as the original ownership of the creation is not proven otherwise. The piece of work being a logo, it legally falls under trademarks as intangibles. Legally, the law outlines the protection of such creations under intellectual copyright.
Peter Druker, the patriarch of management practices in this 21st century opines that entrepreneurship connotes innovation, which is a discipline, or a practice that has to be inculcated and implemented in empirical situations for common good and for increasing corporate value for shareholders.
Intellectual property law covers designs, scent, geographical figures and mental property(written) which could not be plagiarized or used illegally by anyone else who has the right to use it for at least 20 years under their own name till it becomes worldwide heritage or could be used by everyone else and manufactured since this property could be given to someone else to benefit out of.
In the field of medical and genetic research particularly, the issue has been that the developing world is restricted from the benefits of research. These restrictions are largely created by an imbalance of property and patent rights in favour of rich countries.
I would make it more professional, include details of company products and their characteristics in terms of intellectual property rights. I would also include comprehensive information on IP Law in relation with the Information and Communication