ip 1.pptx
ip 1.pptx
Property Law
Intro to IP and IPRs
What is intellectual property (IP)?
Conceptual definitions:
IP can be described as
Rights-based definitions: ‘creations of the mind’.
See Art.1(2) TRIPS, Art.2 (WIPO)
WIPO Convention
? IP/IPR as umbrella term for IPRs then (usually) are
individual types of exclusive exclusive rights granted by
rights, referential & aiming states to the creators of IP to
for legal certainty allow them to control the
use of their intellectual
creations.
WIPO ( art 2)
(viii)“intellectual property” shall include the rights relating
to:
— literary, artistic and scientific works,
— performances of performing artists, phonograms,
and broadcasts,
— inventions in all fields of human endeavor,
— scientific discoveries,
— industrial designs,
— trademarks, service marks, and commercial names
and designations,
— protection against unfair competition,
and all other rights resulting from intellectual activity
in the industrial, scientific, literary or artistic fields.
Intellectual property
• Copyright
• Industrial Property
• .Trademarks
• . Patent
• . Industrial designs
• . Trade Secret
• Geographical Indications
• This list is not exhaustive and there are other rights, for example, TK.
Intellectual property law creates exclusive rights in a wide
and diverse range of things, from novels, computer
programs, paintings, films, television broadcasts, and
performances, through to dress designs, pharmaceuticals,
and genetically modified animals and plants.
We are surrounded by and constantly interact with the
subject matter of intellectual property law. For example, you
are reading a copyright work bearing the Cambridge
University Press trade mark.
Copyright Designs
▪ Software ▪ Form of overall phone
▪ User manuals ▪ Arrangement and shape of buttons
▪ Ringtones ▪ Position and shape of screen
▪ Start-up tone
▪ Images
Trade secrets
▪ Some technical know-how kept
"in-house" and not published
8
Examples of
valuable intellectual
property
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While there are a number of important differences between
the various forms of intellectual property, one factor that
they share in common is that they establish property
protection over tangible entities such as ideas, inventions,
signs, and information.
While there isand
property a close relationship
thetangible betweeninintangible
objects which they are
embodied, intellectual property rights aredistinct and
separate from property rights in tangible goods.
For example, when a person posts a letter to someone, the personal
property in the ink and parchment is transferred to the recipient. If the
recipient is pleased with the letter, they can frame it and hang it on the
wall; if they are unhappy with the letter, they can burn it; if it is a love
letter, they might store it away, in which case it will pass under the
recipient’s will when they die.
Protection)
o Maximisation of net social welfare;
o “Greatest happiness of the greatest number” (Bentham);
o IP different to tangible property, because IP consumption does not
diminish use – can be used by many people at same/different time. IP
still costs to produce, but the costs of copying are low. Therefore,
copiers can undercut producers and this creates disincentives for
creation.
Theories (Contd.)
ii. Natural Right theory: Labour Theory (Locke’s Theory)
Property right is a natural right. A person has a right to own
the creation of his mind in the same manner he owns creation
of his labour.
A person who labours has natural property right to the fruits
of their labour (Locke);
E.g. majority in Millar v Taylor, “a reward for creative labour”;
Lord Mansfield CJ, “It is just that an author should reap the
pecuniary profits of his own ingenuity and labour”;
Theories (Contd.)
iii. Personality theory
https://legaldesire.com/theories-of-intellectual-property-rights/
Law and Economics
The law and economics approach also addresses the question of what
incentives are needed to create intellectual property and the optimal
amount of protection that should be afforded to it.
However, proponents of law and economics do so from the perspective
of what is best for the functioning of the market.
International Convention for IP