However, the
Convention Establishing the World Intellectual Property Rights (Popularly known
as WIPO) listed out certain subject matter to be protected under the tag of
intellectual property. They are;
- Literary, artistic and scientific works;
- Performances of performing artists, phonograms, and broadcasts;
- Inventions in all fields of human endevour;
- Scientific discoveries;
- Industrial design;
- Trademarks, Service marks and commercial names and designations;
- Protection against unfair competitions; and
- All other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields
Industrial Property
An industrial property
shall be understood in its broadest sense and shall apply not only to industry
and commerce proper, but likewise to agricultural and extractive industries and
to all manufactured or natural products.
Industrial property
can be further classified into two, such as; Protection of distinctive signs,
in particular trademarks and geographical indications. It aims to stimulate and
ensure fair competition and to protect the interest of the consumers.
Other kind of
industrial property stimulate innovation, design and creation of technology. Its
social objective is to provide protection to the results of investments in the
development of new technology. Thus giving an incentive and means to finance Research
& Development (R&D) activities.
Copyright
The term Copyright
refers to the main act, which, in respect of literary and artistic creations,
may be made only by the author or with his authorization. It is also known as
author’s rights. The object behind framing most of the intellectual property
laws are to “Promote Progress”.
It should be noted
that, the exclusive rights given generally are subject to a number of
limitations and exemptions aimed at fine-tuning the balance that had to be
drawn between the legitimate interests of right holders and of users.
No comments:
Post a Comment