Updated: May 27
To encourage the creation of a wide variety of Intellectual Goods and to protect these Intellectual Goods, there are Intellectual Property Laws!
The main type of Intellectual Property (IP) Laws are
Copyright is the exclusive, legal right to produce, reproduce, sell or license, publish or perform an original work or a substantial part of it. When others want to copy or use the work they generally need to ask for permission and/or provide payment. Denoted by ©
• Pantomimes (musical comedy)
• Sound recording
• Visual art (2-D or 3-D)
• Motion pictures
• Architectural works
It is a type of intellectual property consisting of a recognizable sign, design, or expression that identifies products or services from a particular source and distinguishes them from others.
Trade dress is a type of intellectual property that is the characteristics of the visual appearance of a product or its packaging (or even the design of a building) that signify the source of the product to consumers.
Trade secrets are a type of intellectual property that includes formulas, practices, processes, designs, instruments, patterns, or compilations of information that have inherent economic value.
A plant patent is an intellectual property right that protects a new and unique plant's key characteristics from being copied, sold or used by others. A plant patent can help an inventor secure higher profits during the patent protection period by preventing competitors from using the plant.
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention.
Example of difference between trademarks, dress and secret