Table of Contents
What is the intellectual property law and what is the main purpose of it?
It shall protect and secure the exclusive rights of scientists, inventors, artists and other gifted citizens to their intellectual property and creations, particularly when beneficial to the people, for such periods as provided in this Act. The use of intellectual property bears a social function.
What is the meaning of intellectual property in law?
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.
What is intellectual property law in the Philippines?
More significantly, the Philippine Constitution promulgated in 1987 recognised the importance of intellectual property in Article XIV, Section 13: “The State shall protect and secure the exclusive rights of scientists, inventors, artists, and other gifted citizens to their intellectual property and creations.
What is IP in the Philippines?
The Philippines is a culturally diverse country with an estimated 14- 17 million Indigenous Peoples (IPs) belonging to 110 ethno-linguistic groups; they are mainly concentrated in Northern Luzon (Cordillera Administrative Region, 33\%) and Mindanao (61\%), with some groups in the Visayas area.
Why is it called intellectual property?
The concept of intellectual property relates to the fact that certain products of human intellect should be afforded the same protective rights that apply to physical property, which are called tangible assets.
What are the laws that protect intellectual property?
Intellectual property law covers the protection of copyrights, patents, trademarks, and trade secrets, as well as other legal areas, such as unfair competition. In effect, intellectual property laws give the creator of a new and unique product or idea a temporary monopoly on its use.
What can I do to protect my intellectual property?
Don’t File Patents. The most uncommon way to protect intellectual property is not to file patents.
What do you mean by Intellectual Property Law?
Overview. In general terms,intellectual property is any product of the human intellect that the law protects from unauthorized use by others.
How do we protect intellectual property?
The best way to protect your intellectual property is by registering it. Registered trademarks give exclusive rights to the owner to use that mark. They tell the public that a certain mark belongs to you. The internationally-recognized ® after a name or mark indicates a registered mark.