Are intellectual property rights territorial in nature?
The territorial period is dominated by the principle of territoriality, the principle that intellectual property rights do not extend beyond the territory of the sovereign which has granted the rights in the first place..
What are intellectual property properties?
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect.
There are many types of intellectual property, and some countries recognize more than others.
The best-known types are patents, copyrights, trademarks, and trade secrets..
What is the nature and object of patent law?
In principle, the patent owner has the exclusive right to prevent or stop others from commercially exploiting the patented invention.
In other words, patent protection means that the invention cannot be commercially made, used, distributed, imported or sold by others without the patent owner's consent..
What is the nature and scope of patent rights?
A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.
To get a patent, technical information about the invention must be disclosed to the public in a patent application..
What is the nature of intellectual property law?
The intellectual property right is a kind of legal right that protects a person's artistic works, literary works, inventions or discoveries or a symbol or design for a specific period of time..
What is the nature theory of IPR?
This theory is fundamentally based on John Locke's concept that an owner possesses a natural right over the things that he produces with the help of his own labor and efforts, either physical or intellectual.
Therefore, ownership arises from the labor and innovation of person creating it..
- It follows that the "intellectual production "of an author or inventor, the visible expression of his mental concep- tion, is his by natural right.