Types of Intellectual Property
IPTs (Intellectual Property Tribes) are categories of IP that include patents, copyrights, trademarks, and trade secrets.
Patents
Patents are exclusive rights granted to individuals or companies for a specific invention or technical concept.
The process of obtaining a patent involves a lengthy and complex application process, which includes the submission of detailed descriptions, drawings, and demonstrations of the claimed invention.
Copyrights
Copyrights protect original literary, dramatic, musical, and artistic works, including books, music, movies, and software.
Copyright law provides broad protections for creators, allowing them to control the reproduction, distribution, and adaptation of their work.
Trademarks
Trademarks identify a brand or product and are used to distinguish it from others in the market.
The process of obtaining a trademark involves a thorough examination of the mark's distinctiveness, likelihood of confusion, and potential for dilution.