NPTEL Ethics in Engineering Practice Sheet 3B

What are trade related Intellectual Property Rights?

• Rights and protections granted to individuals or organizations for their physical property in the context of international trade.

• Legal rights and protections granted to individuals or organizations for their intellectual property in the context of domestic trade.

• Legal rights and protections granted to individuals or organizations for their intellectual property in the context of international trade.

• Rights and protections granted to individuals or organizations for their intellectual property in the context of national security.

Explain the concept of patent protection in international trade.

• Patent protection is a form of government subsidy provided to inventors or creators in international trade.

• Patent protection allows inventors or creators to sell their inventions or designs to other countries.

• Patent protection is a legal requirement for all inventors or creators in international trade.

• Patent protection grants exclusive rights to inventors or creators over their inventions or designs in international trade.

Provide an example of a trademark infringement case.

• Apple Inc. vs. Samsung Electronics Co.

• McDonald's vs. Burger King

• Coca-Cola vs. Pepsi

• Nike vs. Adidas

Why are ethical considerations important in intellectual property?

• To prioritize profit over fairness and respect

• To ensure fairness, respect for creators' rights, and encourage innovation.

• To discourage creators from sharing their work

• To limit creativity and innovation

What are the challenges in enforcing intellectual property rights?

• Difficulty in identifying and proving infringement, lack of international cooperation and harmonization, high costs of litigation, and emergence of new technologies

• Ease of digital piracy and counterfeiting

• Lack of government support and enforcement

• Lack of public awareness about intellectual property rights

How do intellectual property rights impact innovation?

• Intellectual property rights hinder innovation by restricting access to knowledge and ideas.

• Intellectual property rights can impact innovation by providing incentives for individuals and companies to invest in research and development.

• Intellectual property rights have no impact on innovation.

• Intellectual property rights only benefit large corporations and stifle innovation for small businesses.

What is the purpose of trade related Intellectual Property Rights in India?

• To restrict innovation and creativity in various industries.

• To promote piracy and counterfeiting in various industries.

• To protect and promote innovation, creativity, and technological advancements in various industries.

• To hinder technological advancements in various industries.

Discuss the role of patents in protecting intellectual property.

• Patents grant exclusive rights to inventors or creators to protect their intellectual property.

• Patents are only valid for a limited period of time.

• Patents are only applicable to physical inventions, not intellectual property.

• Patents are only granted to individuals, not companies or organizations.

Can you explain the process of trademark registration in international trade?

• The process of trademark registration in international trade involves paying a fee to the World Trade Organization.

• The process of trademark registration in international trade involves submitting a business plan to the United Nations.

• The process of trademark registration in international trade involves filing an application with the appropriate intellectual property office in each country where protection is sought.

• The process of trademark registration in international trade involves obtaining a license from the International Chamber of Commerce.

What are the consequences of trademark infringement?

• Legal consequences, financial penalties, loss of reputation

• Civil lawsuits, reduced penalties, enhanced reputation

• No consequences, financial rewards, improved reputation

• Criminal charges, community service, increased taxes