By Definition
Intellectual
Property
Generally, “intellectual
property” refers to legal protection for a wide variety
of things: inventions, artistic works, the goodwill
associated with the use of a brand, trade secrets,
and sometimes other things (for example, domain names,
identity phone number, rights of publicity, data
access rights, etc.). Many of these are protected
in part by contracts. The other primary legal protection
systems are patents (for inventions), copyright (for
works of authorship), trademarks (for brands), and
trade secrecy laws (for the protection of confidential
information).
Patent
A patent is a right
the government grants to a patent owner to exclude
others from “practicing” the invention for a limited
period of time. There are a number of specific acts
the statute says the patent owner may prevent others
from doing. So “practicing” the invention means,
within the US, any of the following acts: making,
using, selling, offering to sell, importing, or supplying
(from the US) a component of the invention. To be
granted, the applicant must file an application to
the Unites States Patent and Trademark Office.
Trademark
A trademark is any
word, logo, brand, or other thing that the public
can identify as an indicator of the source of goods
or services
Copyright
Copyright protection
is for original works of authorship that are “fixed”
in any “tangible medium of expression.” The copyright
owner has the exclusive right to do certain acts,
such as reproduce the work, distribute it, and
prepare a derivative work from it (also, in public,
to perform or display it).
Trade Secret
A trade
secret is information that has value and that the
owner has attempted to keep confidential (for example,
by taking measures to prevent it from becoming
available to persons other than those selected
by the owner to have access).
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