Intellectual Property Law short introduction
Intellectual property comprises of all that come out with the exercise of human brain. It separates movable and immovable properties from the creations of the human mind, the human intellect. Intellectual property may be seen as ideas inventions, designs, poems, etc.
Jeremy Phillips and Alison Firth in their book “Introduction to Intellectual Property Law” say that intellectual property has two meanings, one ordinary and the other legal. The ordinary description is that it simply comprise of all that come out with the exercise of human brain. The legal description is that they are rights which are enjoyed in the produce of the mind. Generally we can say, intellectual property means the rights resulting from the creations of the human mind. It generally contains the rights relating to, (a) literary and artistic works (novel, poems, plays, film, musical works,
computer programmes, databases, drawings, paintings, photographs)
(b) performances of performing artists, sound and broadcast.
(c) inventions
(d) industrial designs
(e) trademarks, service marks, commercial names and designations.
(f) protection against unfair competition
(g) geographical indications, undisclosed information (any rights resulting from
intellectual activity).
Like any other property intellectual property can be owned, transferred, licensed,
or sold. It is an intangible property.
Traditionally intellectual property can be divided into two categories.
· Industrial Property (Patent, Trademark and geographical indications)
· Copyright (literary and artistic works)
Intellectual Property Law concerns the human creativity, their protection and
administration.
Promotion and Protection of Intellectual Property:
According to some economists a man is an economic animal. This statement indicates the man’s driving force from stone ages to modern computer age. From the very beginning human beings invented many new things to get their lives comfort and easy. Innovation and invention made mankind to develop and progress. Intellectual property is crucial to the economic, social and technological development of any country. To give absolute monopoly to the right holder for a limited period of time promotes creativity and innovation. This concept of intellectual property protection adds something to think the importance of quality of the human resources rather than quantity, natural resources or cheap labour.
We can summarize the importance of protection of intellectual property as follows.
1. it encourages further creations
2. enhance investment
3. it has major effect of technology transfer
4. create new industries and employment
5. enhance the quality of life.
6. it attempts to achieve a balance between creators rights and interest of
society.
According to the World Intellectual Property Organization (WIPO) it is mandatory to promote the protection of intellectual property rights among its member states. Sri Lanka is a member of WIPO. Apart from the WIPO there are several international organizations that have been established to protect intellectual property rights. Some of these international bodies are,
Universal Copyright Convention (UNESCO),
The TRIPS Agreement (The agreement on Trade related aspect of intellectual property)
Paris Convention
Nairobi Treaty.
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