Bus 2202 Unit 8 Written Assignment
Submit a written paper which is at least two pages in length, double spaced in Times New Roman (or its equivalent) font which is no greater than 12 points in size.
Define and explain the following: copyrights, trademarks, and patents. Compare the three and provide an example of each. This paper will be non-graded, but it is still highly recommended that you complete this assignment for increased practice and self-improvement.
Before Information Technology, tangible property such as land, buildings, goods, equipment etc. was the most valuable asset of a business. Now economic power is in the monetization of knowledge, ideas and innovation. Work or invention which results from creativity such as a new design or manuscript gives the creator the right to apply for a patent, copyright or trademark and to benefit from their authorship of scientific, literary or artistic creations.
Intellectual property rights fuel the progress of humankind by
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Rowlings empire of Harry Potter books, films and marketing symbols. She is known to be highly protective of her creations and has billions of discretionary dollars for court costs.
A patent provides patent owners with protection and exclusive rights to their invention for up to 20 years. However, if the patent owner gives consent, the patent protection can be extended or sold to commercial distributors or other interested parties based on agreed upon terms. Patent laws forbid people or businesses from exploiting a process or invention from being commercially used, distributed or sold by anyone other than the patent holder. However, once the patent expires, the protection ends and becomes part of the public domain.
It is important to protect a patent because of the potential economic value of the intellectual property. New machinery or industry processes can be sold or licensed to companies wanting to use the innovation for their own
The 802 committee and the OSI model both relate to one another. The OSI model shows how the layers of the internet are able to communicate and function with each other. While the 802 committee will add onto that by showing how network protocols should function. With that being said there are numerous working groups under the 802 committee however the one that I will be writing about is the 802.2 or the logical link control (LLC). The logical link control is in the 2nd layer (data-link) of the OSI model. The purpose of this protocol is flow and error control along with multiplexing and demultiplexing. How multiplexing works is by getting multiple data streams and combining them into one shared stream. This is mainly seen in the common forms
2010 was the year for Jets fans they made it out of the regular season and into the playoffs, all the way into the Conference Finals. But no surprise, the Jets came up short again, losing to the Pittsburgh Steelers 24-19. After that, it all went down hill. The rankings of the Jets defense and offense decrease and with that so does their record, 8-8, 6-10, 8-8, 4-12, 10-6(glimps of hope), 5-11. With the decrease of wins most people, me included, you lose hope, and wonder when is that next year going to happen. If you want the easy answer as to why there is such a big difference between the years, just look at the Jets overall rating. It is like a roller coaster, from good one year to bad the next. But the real question is why was there this
In week 10 of spring semester we discussed chapter 11’s Intellectual Property Law. “Property establishes a relationship of legal exclusion between an owner and other people regarding limited resources.” In this chapter, we learn that the Constitution allows Congress “to promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors to the exclusive Right to their respective writings and discoveries.”
The United States Patent Office (“USPTO”) faces criticism from its users and legislators that the timeliness of the patent process and ultimate quality of issued patents are inadequate. In order to address this criticism Congress made several changes to the authorities of the USPTO in the last decade and considered more changes in 2009. Nevertheless, problems persist and some stakeholders argue that reorganizing the USPTO as a government corporation would best alleviate these problems by broadening its authorities even further and releasing it from external constraints.
she has for her job is to set goals and trials throughout the year to make
Intellectual Property Law used to only protect art, music, and literature, but because of technological development, Intellectual Property Law now also protects a greater variety of innovations including designs, inventions, symbols, discoveries, and words. The phrase “intellectual property” was first known to be used in the late 1700’s; however, it was not widely talked about, nor was the Intellectual Property Law in actuality commonly implemented. Intellectual Property Rights slowly gained more attention by mid-1800’s after the Industrial Revolution had taken place: more companies were created, competition between corporations became fiercer, and owning unique innovations were crucial to winning the competition. However, as Intellectual Property
As we said above patents grant exclusive rights to an invention or a process of making and invention. So what does a patent cover? Chemical patents cover the structure of a molecule and also the process in which the molecule is made. This is a good thing for pharmaceutical companies who take out these patents as they can regulate the market. Because these companies own the rights of a molecule or drug exclusively they can restrict competition from competitors. Companies that have patents on drugs have the added benefit that they are the sole distributor of that drug and all profits go to them. Other companies cannot repl...
Intellectual property is property resulting from intellectual, creative processes. A product that was created because of someone’s individual thought process. Examples includes books, designs, music, art work, and computer files. (Miller R. J., 2011, p. 114) In the music industry a copyright is an important tool for artist to use to protect themselves from infringers. A copyright is the exclusive right of an author or originator of a literary or artistic production to publish, print, or sell that production for a statutory period of time. A copyright has the same monopolistic nature as a patent or trademark, but it differs in that it applies exclusively to works of art, literature, and other works of authorship (including computer programs). (Miller R. J., 2011, p. 125)
J.K. Rowling is a very prominent and noteworthy woman. She has influenced people’s lives all around the world, by writing the Harry Potter series of seven books. Rowling has given millions of dollars to charities and she has helped people all over the world enjoy reading. With her major philanthropic efforts of giving to charity or her brilliantly crafted novels, J.K. Rowling is the Dumbledore of the muggle world.
There are many reason that why is it important to protect one’s intellectual property. Some of the reason are Creator being accused as a theft, Loss of Reputation, Loss of income, Loss of Asset and Loss of Authority Rights.
At the end of the day, the decision on if and how intellectual property (IP) protection is sought must be made in the context of an organizations IP strategy and keeping in line with the organization goals and objectives. For company who prefer to compete in the free market, copyrighted software is sufficient in protecting the legal rights of the software created. For company whose main objective is to collect licensing rights and back end deals that comes with patent protection, than it is advisable to seek for patent protection. For me, a copyright is more than sufficient to acknowledge an invention and the inventor’s rights to claim.
The World Intellectual Property Organization, Intellectual property is the ‘products of the mind: inventions, literary and artistic works, any symbols, names, images, and designs used in commerce’. Intellectual Properties such as Patents, designs, trademarks and copyrights are protected by laws .The US government offers different types of protection for these properties. The Lanham Act (15 U.S.C.A. section 1051 et seq) also known as the trademark act of 1946 provides protection for trademarks. A trademark is defined as a name, a word, a symbol, or device or any combination thereof, adopted and used by a manufacturer or merchant to identify his goods and distinguish them from those manufactured and sold by others. (Miaoulis 1978)
A patent is a license or restraint placed by the government or international corporations in order to reserve the right or title of an invention for a set period of time, especially the sole right to exclude others from making, using or selling the invention...
The grant of a patent bestows the benefit of exclusivity on the inventor for a limited period of time, upon the expiry of which the benefit of accessibility of the invention is opened to the public at large. The underlying purpose of the patent system is the encouragement of improvements and innovation.. thus the purpose of grant of a patent is not only to reward the inventor but also to encourage the public disclosure of inventions. In Bishwanath Prasad Radhey Shyam v Hindustan Metal Industries, Justice Sarkaria detailed the purpose of patent law: The subject of patent La...
Patents claims focus of the mechanism, principles and components surrounding those ideas. Patents are the strongest of the law to protect the intellectual property. Patent law is based on a very strict liability standard, making a business owner’s strongest option for intellectual property protection. Patents often make use of reverse engineering. Through reverse engineering, they see if patented inventions are in used by another company. Patents have an expiration date; the design patent protect design, shape, configuration and appearance of any invention for 14 years, and utility patents that protect functional makeover and new invention last for 20