Intellectual Property Rights

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Slide 1

Title Slide

• • Title: Intellectual Property Rights in the US
  • Subtitle: Protecting Innovation and Creativity
  • Your Name(s)
  • Class Name (Optional)
  • Date

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Speaker Notes In this presentation, we will explore the world of Intellectual Property Rights (IPR) in the United States. We will discuss what patents, copyrights, and trademarks are, how they are obtained, and the importance they hold in protecting innovation and creativity.

Slide 2

What is a Patent?

• A patent is an exclusive right granted by the U.S. Patent and Trademark Office (USPTO) to an inventor to prevent others from making, using, selling, offering to sell, or importing their invention for a limited period of time in exchange for full disclosure of the invention to the public.
• Patents protect inventions that are:
  • Novel (new and original)
  • Non-obvious (not something that would be obvious to someone skilled in the art)
  • Useful (has a practical application)

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Speaker Notes

Full Answer Section

Speaker Notes Think of a patent as a temporary monopoly granted to the inventor. In exchange for sharing their invention with the world, they get a period of exclusivity to profit from their creation. This incentivizes innovation and ensures new technologies are brought to the public. A famous example of a patent is Thomas Edison's light bulb patent. This patent significantly impacted the success of the light bulb by giving Edison control over its production and distribution. The light bulb patent lasted for 14 years, which was enough time for Edison to establish his company and make the light bulb a commercial success.

Slide 3

How Long Does Patent Protection Last?

• • Utility patents (inventions for new and useful processes, machines, articles of manufacture, or compositions of matter) last for 20 years from the filing date.
  • Design patents (a new, original, and ornamental design for an article of manufacture) last for 14 years from the date of grant.

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Speaker Notes The length of patent protection depends on the type of patent. Utility patents, which cover functional inventions, last for 20 years. Design patents, which protect the ornamental design of an article, have a shorter duration of 14 years. This reflects the balance between rewarding inventors and allowing new technologies to eventually enter the public domain.

Slide 4

What is a Copyright?

• A copyright is a form of protection provided by the U.S. copyright law to the original creators of intellectual works, including literary, musical, dramatic, artistic, and certain other intellectual works.
• Copyright protects the original expression of an idea, but not the idea itself.

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Speaker Notes Copyright protects a wide range of creative works, from books and songs to paintings and software code. It ensures that creators receive credit for their work and can control how it is used. For example, the copyright on a book protects the author's original written expression of the story, but not the underlying concept or plot.

Slide 5

Why is Copyright Important?

• Copyright encourages creativity by granting creators exclusive rights to their work.
• It protects the integrity of the work and prevents unauthorized modifications.
• It allows creators to control how their work is used and distributed.

Speaker Notes Copyright is essential for a healthy creative ecosystem. It incentivizes creators to produce original works by ensuring they can profit from their efforts. Copyright also protects the integrity of creative works and prevents unauthorized modifications. Additionally, it allows creators to control how their work is used and distributed, giving them a say in how their creations are presented to the public.

Slide 6

What is a Trademark?

• A trademark is a word, phrase, symbol, design, or a combination of these that identifies and distinguishes the source of an applicant's goods or services from those of others.

Speaker Notes Trademarks help consumers identify the source of products and services. A famous example is the Nike swoosh logo. This instantly recognizable