Legal

Procedure for grant of patent

To apply for a patent, the applicant should file the application in the prescribed form, along with the requisite fee at the Patent Office. The application should be accompanied by a provisional or complete specification (description of the invention). The provisional specification need not be full and specific, and has to merely contain the general description of the invention, its application and anticipated results. The object of the provisional specification is to fix the priority date of...
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Objectives of Intellectual Property

Financial incentive
Intellectual property rights grant exclusive rights to intellectual creations; they grant ownership over creations of the mind. These exclusive rights allow owners of intellectual property to reap monopoly profits. These monopoly profits provide a financial incentive for the creation of intellectual property, and pay associated research and development costs.[citation needed] Some commentators, such as David Levine and Michele Boldrin, dispute this...
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Basics of Copyright

Copyright is a form of intellectual property which gives the creator of an original work exclusive rights for a certain time period in relation to that work, including its publication, distribution and adaptation; after which time the work is said to enter the public domain. Copyright applies to any expressible form of an idea or information that is substantive and discrete. Some jurisdictions also recognize "moral rights" of the creator of a work, such as the right to be credited for the work...
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Basics of Copyright

Copyright is a form of intellectual property which gives the creator of an original work exclusive rights for a certain time period in relation to that work, including its publication, distribution and adaptation; after which time the work is said to enter the public domain. Copyright applies to any expressible form of an idea or information that is substantive and discrete. Some jurisdictions also recognize "moral rights" of the creator of a work, such as the right to be credited for the work...
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Trade Secrets

A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers. In some jurisdictions, such secrets are referred to as "confidential information" or "classified information".
Definition
The precise language by which a trade secret is defined varies by jurisdiction (as do the particular types of information that...
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