iNTELLECTUAL

1. Intellectual Property
ISSUE
PREPARED BY:
AIZEL PAQUIA

2. • Intellectual property (IP) is any creative work
or invention considered to be the property of
its creator. Often, intellectual property rights
are recognized and protected under the
corresponding fields of law.

3. • Under intellectual property law, owners are
granted certain exclusive rights, such as the
ability to publish to various markets, license
the manufacture and distribution of
inventions, and sue in case of unlawful or
deceptive copying

4. Why promote and protect
intellectual property?
There are several compelling
reasons.First, the progress and well-being
of humanity rest on its capacity to create
and invent new works in the areas of
technology and culture. Second, the legal
protection of new creations encourages the
commitment of additional resources for
further innovation. Third, the promotion
and protection of intellectual property
spurs economic growth, creates new jobs
and industries, and enhances the quality
and enjoyment of life.

5. Common types of intellectual
property rights

6. • Copyright is a legal concept, enacted
by most governments, giving the
creator of an original work exclusive
rights to it, usually for a limited time.
Generally, it is "the right to
copy", but also gives the copyright
holder the right to be credited for
the work, to determine who may
adapt the work to other forms, who
may perform the work, who may
financially benefit from it, and
other related rights.

7. • A trademark, trade mark, or trade-
mark is a distinctive sign or indicator
used by an individual, business
organization, or other legal entity to
identify for consumers that
the products or services on or with
which the trademark appears
originate from a unique
source, designated for a specific
market, and to distinguish its
products or services from those of
other entities.

8. • A trademark may be designated
by the following symbols:
• ™ (for an unregistered trade
mark, that is, a mark used to
promote or brand goods)
• ℠ (for an unregistered service
mark, that is, a mark used to
promote or brand services)
• ® (for a registered trademark)

9. • A patent is a form of intellectual
property. It consists of a set of exclusive
rights granted by a sovereign state to an
inventor or their assignee for a limited
period of time in exchange for the public
disclosure of an invention.
• The procedure for granting patents, the
requirements placed on the
patentee, and the extent of the exclusive
rights vary widely between countries
according to national laws and
international agreements.

10. • An industrial design right is
an intellectual property right that
protects the visual design of objects
that are not purely utilitarian. An
industrial design consists of the
creation of a shape, configuration or
composition of pattern or color, or
combination of pattern and color in
three dimensional form containing
aesthetic value. An industrial design can
be a two- or three-dimensional pattern
used to produce a product, industrial
commodity or handicraft.

11. • A trade secret is
a formula, practice, process, de
sign, instrument, pattern, or
compilation
of information which is not
generally known or reasonably
ascertainable, by which
a business can obtain an
economic advantage over
competitors or customers.

12. Objectives
• The stated objective of most
intellectual property law (with the
exception of trademarks) is to
"Promote progress." By exchanging
limited exclusive rights for disclosure
of inventions and creative
works, society and the
patentee/copyright owner mutually
benefit, and an incentive is created for
inventors and authors to create and
disclose their work.

13. • .Some commentators have noted that the
objective of intellectual property legislators
and those who support its implementation
appears to be "absolute protection’’.

14. Republic of the Philippines
Congress of the Philippines
Metro Manila
Tenth Congress
Republic Act No. 8293 June 6, 1997
• AN ACT PRESCRIBING THE INTELLECTUAL
PROPERTY CODE AND ESTABLISHING THE
INTELLECTUAL PROPERTY
OFFICE, PROVIDING FOR ITS POWERS AND
FUNCTIONS, AND FOR OTHER PURPOSES
• Be it enacted by the Senate and House of
Representatives of the Philippines in
Congress assembled::

15. • THE INTELLECTUAL PROPERTY OFFICE
• Section 1. Title. - This Act shall be known as the
"Intellectual Property Code of the Philippines."
• Section 2. Declaration of State Policy. - The
State recognizes that an effective intellectual
and industrial property system is vital to the
development of domestic and creative
activity, facilitates transfer of
technology, attracts foreign investments, and
ensures market access for our products. It shall
protect and secure the exclusive rights of
scientists, inventors, artists and other gifted
citizens to their intellectual property and
creations, particularly when beneficial to the
people, for such periods as provided in this Act.

16. • Section 3. International Conventions and
Reciprocity. - Any person who is a national
or who is domiciled or has a real and
effective industrial establishment in a
country which is a party to any
convention, treaty or agreement relating to
intellectual property rights or the repression
of unfair competition, to which the
Philippines is also a party, or extends
reciprocal rights to nationals of the
Philippines by law, shall be entitled to
benefits to the extent necessary to give
effect to any provision of such
convention, treaty or reciprocal law, in
addition to the rights to which any owner of
an intellectual property right is otherwise
entitled by this Act. (n)

17. • Section 4. Definitions. - 4.1. The
term "intellectual property rights"
consists of:
• a) Copyright and Related Rights;
• b) Trademarks and Service Marks;
• c) Geographic Indications;
• d) Industrial Designs;
• e) Patents;
• f) Layout-Designs (Topographies) of
Integrated Circuits; and
• g) Protection of Undisclosed
Information (n, TRIPS).

18. • THE END………