Ownership interest by an individual or entity in creations of the human mind that may be protected under the law.
Property rights are the basis of industrial property protection. They make it possible to enter new markets, to set oneself apart from competitors and, in the best case scenario, to establish monopolies over inventions, innovations and the technologies resulting from them for a finite period of time.
Protection provided by the law for the inventions or discoveries of a person or entity or for the procedures developed by such person or entity.
Patents are property rights to protect technical inventions. An extensive worldwide system of rights enables you, as an inventor or patent applicant, to obtain patent protection for your invention across the world. Patent offices which are responsible for the filing of applications for and the examination of patents exist in almost all countries.
A distinctive word, phrase, logo or other graphic symbol that is used to distinguish one product, company or organization from another. Trademarks seek to protect against confusion in the customers.
Trademarks can apply to slogans, mottos, or logos and can even apply when the goods of a particular manufacturer or seller are packaged in a unique way (called “trade dress”). However, it must be noted that marks, designs or logos must be unique or at least be very distinctive before they are offered trademark protection. A trademark is a sign which is capable of distinguishing goods and services of one company from those of another business. Words, letters, numbers, slogans, pictures, sounds, three-dimensional forms and other presentational aspects can be protected as signs of this nature if they meet certain requirements. After a precise review of what is known as absolute grounds for refusal, the trademark is registered. The term of protection initially lasts for 10 years from the date of registration on, but can be extended as desired. The effect of trademark protection is that other companies cannot use those words/designs or any words/designs that are “confusingly similar” to the trademarked words/designs on their products.
Protection provided by the law to an individual or entity for original works produced by that author. Copyright law protects the original works of authors.
Note that copyright ownership usually allows the owner to prevent dissemination of the work and it prevents any other person from copying elements of the copyrighted work for his or her own commercial benefit.