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Created on May 2, 2021
INTELLECTUAL PROPERTY
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Intellectual Property
Intellectual Property
a work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark, etc.
Types of Intellectual Property
Copyright
Patent
Trade secret
Trademark
Intellectual Property Rights
Copyright and rights related to copyright The rights of authors of literary and artistic works (such as books and other writings, musical compositions, paintings, sculpture, computer programs and films) are protected by copyright, for a minimum period of 50 years after the death of the author.
Industrial property rights are exclusive rights that often registered allowing the operator to protect its investments in product development, a brand or design. An exclusive right gives the holder the right to prevent others from using a protected sign, invention or design.
Intellectual Property Law in the Philippines
Republic Act No. 8293
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.