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Archive for November, 2011

A patent is a right given by a sovereign government to any person or business that has a legal patent application approved. The patent must be for a new product, design, process or an improvement of something that already exists. A patent excludes others from copying the patent for a certain number of years. A patent is granted only to the inventor or assignee of the invention.

An application for a legal patent must be filed with the proper government office. The application must describe how to make and use Read the rest of this entry »

Intellectual property means the legal rights that result from intellectual activity in the industrial, scientific, artistic and literary fields. Intellectual property is divided into two categories: 1) Industrial property, which consists of inventions, patents, trademarks and industrial designs; and 2) Copyright, which consists of literary and artistic works, including poems, novels, plays, musical works, films, drawings, paintings, photographs, sculptures and architectural designs.

The purpose of having intellectual property law is to safeguard creators of intellectual goods and services by way of granting them certain time-limited rights to control Read the rest of this entry »