Exploring Intellectual Property Rights

What are the four main types of Intellectual Property?

• licenses, patents, designs, copyrights

• trademarks, patents, blueprints, copyrights

• patents, copyrights, licenses, trademarks

• patents, trademarks, copyrights, trade secrets

Explain the difference between a patent and a trademark.

• A patent protects inventions; a trademark protects brand identifiers.

• A patent protects brand identifiers; a trademark protects inventions.

• A patent is a type of trademark; a trademark is a type of patent.

• A patent is used for artistic works; a trademark is used for inventions.

What is the first step in the patent application process?

• Pay the application fee.

• Submit a prototype of the invention.

• Conduct a patent search.

• File the patent application immediately.

How long does a typical patent last in most countries?

• 10 years

• 15 years

• 25 years

• 20 years

What constitutes patent infringement?

• Using a patented invention with permission from the owner.

• Creating a similar invention without any relation to the patent.

• Selling a patented invention after it has expired.

• Patent infringement is the unauthorized use of a patented invention.

Name one common defense against patent infringement claims.

• Non-infringement

• Public domain

• Invalid patent

• Prior use

What is the purpose of the Patent Cooperation Treaty (PCT)?

• To protect trademarks internationally.

• To facilitate international trade agreements.

• To streamline the process of obtaining international patent protection.

• To provide funding for patent research.

List two international treaties related to patents.

• WIPO Copyright Treaty

• Berne Convention for the Protection of Literary and Artistic Works

• Paris Convention for the Protection of Industrial Property, Patent Cooperation Treaty (PCT)

• Madrid Protocol for the International Registration of Marks

How do patents contribute to innovation in technology?

• Patents limit innovation by restricting access to technology.

• Patents incentivize innovation by providing exclusive rights, encouraging investment in R&D, and promoting knowledge sharing.

• Patents have no impact on knowledge sharing among inventors.

• Patents discourage investment by increasing costs for startups.

Provide an example of a famous patent case and its outcome.

• IBM Corp. v. Amazon.com, Inc. - IBM lost and had to pay $300 million.

• Apple Inc. v. Samsung Electronics Co., Ltd. - Apple won the case and was awarded over $1 billion in damages.

• Microsoft Corp. v. Oracle Corp. - Microsoft won and received $500 million.

• Google LLC v. Oracle America, Inc. - Oracle won and was awarded $2 billion.