Intellectual Property Rights in the US in PowerPoint, PDF, Google Slides, or similar. Submit your presentation and be prepared to make the presentation to the class.

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Slide 1

Title Slide

• • Title: Safeguarding Innovation: An Exploration of Intellectual Property Rights in the US
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Speaker Notes In this presentation, we will delve into the world of Intellectual Property Rights (IPR) in the United States. We will explore what patents, copyrights, and trademarks are, how they are obtained, and the crucial role they play in safeguarding innovation and creativity.

Slide 2

What is a Patent?

• A patent grants an inventor exclusive rights through the U.S. Patent and Trademark Office (USPTO) to prevent others from making, using, selling, offering to sell, or importing their invention for a set period. In exchange, the inventor discloses the invention details to the public.
• Patents protect inventions that are:
  • Novel (new and original)
  • Non-obvious (not something readily apparent to a skilled person in the field)
  • Useful (has a practical application)

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Speaker Notes Think of a patent as a temporary monopoly granted to the inventor. By revealing their invention to the world, they are given a limited time of exclusivity to profit from their creation. This incentivizes innovation and ensures new technologies reach the public. A famous example 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.

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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 duration 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?

• Copyright is a form of protection provided by U.S. copyright law to the original creators of intellectual works, including literary, musical, dramatic, artistic, and certain other intellectual works.
• Copyright safeguards 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 instance, 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 fosters creativity by granting creators exclusive rights to their work.
• It safeguards the integrity of the work and prevents unauthorized modifications.
• It empowers creators to control how their work is used and distributed.

Speaker Notes Copyright is essential for a thriving 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