
What is Intellectual Property?
Intellectual Property generally refers
to a set of rights that protect unique or original creations of the
mind. Although our raw intellect is best thought of as ideas,
intellectual property protects the
expression of those ideas, not the ideas themselves. Thus while the idea
for a new type of battery is not protectable, the written details
describing the design of the battery may be patentable.
Likewise the idea of using a bunny that "keeps going and going" to market
the battery is not protectable, the actual use of the bunny and
slogan in commerce to market the battery may be protected by trademark.
The theory behind intellectual property rights is that certain
creations of human intellect are valuable enough that they should be
granted protective property rights similar to those that apply to
physical property. IP rights provide creators of original works
economic incentive to develop and share ideas through a form of
temporary monopoly. This incentive system is one of the keys to
our information driven economy as it provides an incentive for
innovation.
IP includes utilitarian and aesthetic expressions (utility and
design patents), expressions of art (copyright), expressions which indicate source or
origin (trademark), and expressions of valuable information not
generally known (trade secrets).
Whether you are looking to learn more about the different forms of
intellectual property, how to protect your ideas, or just a guide to
IP you have found the place for you.
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