What is intellectual property? Why should it be protected?

What is IPR?

Property created with the use of intellect and out of the intellectual labour of the creator\inventor. The idea and expression of such idea is his own original work and out of his ‘skill and labour.’ Although idea per is cannot be protected.

Protecting Intellectual Property Rights in Vietnam

What is the nature of IP and why it is a ‘property’?

The intellectual property is intangible i.e., it has a physical embodiment or an expression of the creation but not necessarily. It differs from movable and tangible properties like one’s land or house. The intangible properties are incorporeal in nature. Some examples of IP include book, poem, working model/invention, plant varieties from an area etc.

It is called a property for the very reason that it has a ‘commercial value’ and industrial utility to it. A property can be sold, altered and enjoyed possession by the owner and the same applies to one’s IP. Such rights are not fundamental but statutory. But the legal implications governing the controlling of IP protection gives that exclusive right to enjoy the same for each IP right for a limited period.

Why one needs IP protection?

The purpose behind the statutes governing the IPR field, have only one objective of protecting the original work of the creator for a limited time to respect his skill and creativity in spending time to create or invent something. It is to regard his right to have ownership over such property. But reasonable limitations include a fixed time to have ownership and also to prevent monopoly.

Often, pharma companies charge higher prices on patented drugs cutting access to medicine for the public, thus, exceptions like compulsory licensing and fair use are existing as limitations. ‘Public purpose’ is a ground to determine the extent of exercising the exclusive rights. It is in a way, an industrial property, making it useful for country’s economy and commerce.

Types and classification of IP rights

-Patent: granted to inventions by the inventor. The conditions are that it has to have novelty, industrial utility and different from existing models and not just a mere re-arrangement. The patentable inventions can be either a process or product patent, which is usually granted for a term of 20 years (changes according to different countries). It creates a certain monopoly over the patented item.

-Copyright: right granted to expression of ideas in physical form or in other expressed terms. Artistic, dramatic, musical and written works of a creator. The registration of the same is not necessary in some countries. The work has to be original and out of his own creativity. International term of copyright period extends to 50 years after the creator’s death as well.

-Trademark: a mark, sign, form, an arrangement or combination of the colours or lines, name of a product, which makes it distinguishable from other products and to identify the brand name. It mainly helps to promote the company brand and to help the public differentiate the same from others. It is synonymously called as service marks.

-Industrial Design: The pattern, structure, that forms the product. The intricate and aesthetic features of the product that makes unique from others. It must not be deceptively similar to another design or used before applying for registration. It is different from copyright and trademark.

-Geographical indication & other rights: A plant variety or a type of food that is located in a particular geographical locality or a part of country, be under geographical indication. It helps to identify the origin of such product or type of product to the people. Other IP rights include trade secrets and undisclosed information.

-Trade secrets, Non-disclosure and license agreements are also part of IP protection.

Author: Swathi Gunasekaran

Source: Quora

If you are looking for an experienced IP attorneys in Vietnam to help you with your patent application, you should visit ANT Lawyers.vn. We are supported by a team of experienced patent, trademark, design attorneys with qualification and skills handling full range of legal services relating to intellectual property in Vietnam.  We have specialized in the preparation and registration of patents, trademarks and designs for our clients.

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What Situations Leading to Refusal to Grant of Protection Titles to Patent, Industrial Design, Trademark and Geographical Indication?

When applicant applying for registration of a patent, industrial design, trademark and geographical indication, in some cases, National office of Intellectual Property in Vietnam (NOIP) may refuse to grant their protection titles.

In which cases, the above registration will be refused?

According to the Law on Intellectual Property, the application for registration of a patent, industrialdesign, trademarm and geographical indications will be refused to grantprotection title if they fall into the following cases:

-There are grounds to affirm that the subject matter stated in the application does not fully satisfy the conditions for protection;

-The application satisfies the conditions for the grant of a protection title but does not have the earliest filing date or priority date. In detail, two or more applications for registration are filed by different parties for the same invention, for registration of industrial designs identical with or insignificantly different from each other, for registration of marks identical with or confusingly similar to each other, or for identical or similar goods or services, a protection title may only be granted to the valid application with the earliest priority or filing date amongst applications which satisfy all conditions for the grant of a protection title.

-The application falls into the following case but fail to have the consensus of all applicants: there are two or more applications satisfying all the conditions for the grant of a protection title and having the same earliest priority or filing date, a protection title may only be granted to a single application from such applications with agreement from all applicants. Without such an agreement, all such applications shall be refused the grant of a protection title.

In those above cases, NOIP will conduct the following procedures:

-Notify an intended refusal to grant a protection title, clearly stating the reasons and setting a time-limit for the applicant to make an objection to such intended refusal;

-Notify the refusal to grant a protection title if the applicant makes no objection or makes unjustifiable objection to such intended refusal as mentioned above;

-Grant a protection title and record it in the National Register of Industrial Property if the applicant has made a justifiable objection to the intended refusal as mentioned above.

If the client needs help with handling such complaint, our IP attorneys in Vietnam at ANT Lawyers will be of help.

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What are intellectual property rights? How do they affect society?

Intellectual Property is creation of minds. It is a set of Intangibles owned and legally protected by the creator of the innovative Ideas. To promote the Innovations, creativity and its protection, numerous laws are enacted by Government to let the creators secure exclusivity and ownership rights by registering their innovations and unique ideas. Upon obtaining registration, the creator or owner enjoy exclusive right to use, sell, assign their rights, and avail monetary benefit through it, and also to protect the same.

Protecting Intellectual Property Rights in Vietnam

The most used IPR are:

-Trademarks

-Patents

-Copyright

-Geographical Indication

-Industrial Designs namely

All these above mentioned benefits motivates the creation of new ideas and innovations for the betterment of the society as the new ideas leads to competition in market which helps to improve the quality of goods and services. It also allows the owner of IP to quantify their creation in monetary terms and convert their ideas into business, which also leads to employment generation in the society.

Source: Quora

If you are looking for an experienced IP attorneys in Vietnam to help you with your IP application, you should visit ANT Lawyers.vn. Our attorneys have experience with the IP process and will work closely with you as you apply for your IP. Contact ANT Lawyers experts at ant@antlawyers.vn or call our office at +84 28 730 86 529. Hope this helps!

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What are the benefits of intellectual property protection for a company?

Intellectual property includes a Trademark, Copyright, and Patent. It is important for a business as it shields them from rivals so that their idea or invention does not get copied.

Protect Intellectual Properties Rights in Vietnam

Intellectual property, like any other company asset, is part of a mix or resources that a company will use to create products and grow market share. IP is valued (in an accounting sense), sold, created or purchased based on a company’s strategy or business model - just like normal assets.

Some companies are very IP focused (software, pharma) and some not so much. Companies with a lot of licensing activities (think films & toys) are also very IP focused even though you may not immediately think so. IP is a means to differentiate your business (trademarks) or, if you have the financial resources, blocking competitors (patents). Again, this all boils down to how you want to use your company’s resources.

Along with this, there are other benefits that prove that intellectual property protection is important for a company. They are:

-Ability to have competitive advantages over small businesses.

-Enhances company value and goodwill.

-It helps to market your products and services.

-It provides export opportunities.

-You can easily acquire financial support for business.

Hope this helps…

Source: Quora

If you are interested in finding IP services in Vietnam, let ANT Lawyers helps. We can connect you with a skilled lawyer that is much more affordable than a traditional law firm attorney. Check us out and please get in touch if you’d like more assistance.

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How are intellectual property rights (IPR) infringed?

Regarding intellectual property law, is copyright infringement theft?

A person’s or company’s \intellectual property rights are infringed when someone else uses their intellectual property in ways that only the intellectual property owner has the right to do.

Here is how the four types of intellectual property can be infringed:

-Copyright is infringed when someone copies, records, publishes, distributes, publicly displays or performs, or makes derivative works of someone else’s creative work without permission.

-Trademark rights are infringed when someone uses a competitor’s trademark (or a confusingly similar one) to brand their own product or service.

-Patent rights are infringed when someone makes, uses, or sells, without permission, an invention for which someone else hold’s the patent.

-Trade secrets are infringed when someone publicly reveals a company’s confidential information.

Depending on each jurisdiction’s laws, there may be certain factors considered or exceptions made when determining whether or not intellectual property rights have actually been infringed.

Source: David Mullich

If you're looking for an affordable IP attorneys in Vietnam, check out ANTLawyers.vn was established to meet these needs by providing fast, effective and economical solutions. Hope that clears things up a bit. Feel free to message me directly to chat further about any other IP questions that you face.

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How do you make intellectual property tangible?

Picture your mind as a gold mine site, where you can explore for the precious metal. You dig deep through muds, water, rocks, and landfill.

 Protecting Intellectual Property Rights in Vietnam

Naturally, before going to dig for gold, you know what it looks like therefore you know what you are looking for (trying to manage and commercialise acquired IP or not understanding the nature of your business original Intellectual Property could be a waste of effort). In reality, people are not always aware of the unique identity of gold, diamond or any precious metal for that matter, with this fact, it is safe to assume most businesses are not aware of the raw form of their intellectual property asset and how to make it tangible.

One can easily step on a rough looking gold and mistake it for an ordinary rock likewise you may have a eureka moment that could lead you to ownership of a precious IP asset but easily disregarded or discouraged by reducing it to a regular thought.

The good thing about Intellectual Property is that the raw material (ideas) is abundant, unlike gold. Therefore, every individual has an unlimited gold mine.

Intellectual property essentially is the mining of the mind. A person will mine their mind or soul as the case may be - for a creative solution. Now at this point, the result of the "eureka moment" is not yet a full-blown Intellectual Property but already can be classed as an intellectual asset because once you expose an idea to the market, it becomes a commodity of some sort. However, there are so many variables in the market that are going to influence how tangible your Intellectual Property will be.

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What is Intellectual Property Law?

Our legal system provides certain rights and protections for owners of property. The kind of property that results from the fruits of mental labor is called intellectual property. Rights and protections for owners of intellectual property are based on federal patent, trademark and copyright laws and state trade secret laws.

Protecting Intellectual Property Rights in Vietnam

In general:

-Patents protect inventions of tangible things.

-Copyrights protect various forms of written and artistic expression.

-Trademarks protect a name or symbol that identifies the source of goods or services.

It is important to note that patents, trademarks, and copyrights constitute the basis on which the underlying intellectual property may be protected in law. It is therefore vital that a great degree of skill be exercised in drafting the documents and following the procedures necessary for obtaining this protection.

By relying on a specialist in the field who has good standing and recognized ability in his profession, the inventor or artist can be assured that the intellectual property will be adequately protected.

ANT Lawyers - A Law firm in Vietnam is supported by a team of experienced patent, trademark, design attorneys with qualification and skills handling full range of legal services relating to intellectual property rights in Vietnam.  We have specialized in the preparation and registration of patents, trademarks and designs for our clients.

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Can a company purchase intellectual property rights?

A company can “purchase intellectual property rights.” The way that the purchase takes place varies a little, but most commonly it will be in the form of a license.

Protect Intellectual Properties Rights in Vietnam

I’ll use your example of a Harry Potter video game to explain. First, the owner of a copyright (here, the author of Harry Potter) has the exclusive right to distribute her original work. Another right she owns as a part of her copyright is the exclusive right to produce derivative works. A derivative work is any work based off of the original copyrighted work. A videogame based on Harry Potter is a derivative work of the original Harry Potter books.

So, J.K. Rowling, Harry Potter’s author, is the only person in the world that can create derivative works based on Harry Potter. BUT, she can license that right to whomever she would like for a fee. This is why you see Harry Potter videogames being made and t-shirts being sold. A copyright owner can license her copyright to another — or, in other words, you can purchase the right to use a copyright from a copyright holder.

Other intellectual property rights like patents and trademarks have similar licensing schemes to allow the holder of the right to exploit his or her invention.

ANT Lawyers -  A Law firm in Vietnam is supported by a team of experienced patent, trademark, design attorneys with qualification and skills handling full range of legal services relating to intellectual property in Vietnam.  We have specialized in the preparation and registration of patents, trademarks and designs for our clients.

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What are some of the common reasons why business owners don't move forward to protect their intellectual property?

If you've ever developed a new product or formulated a new business idea, you've most likely grappled with the question of whether you should to protect it legally in some way.  It can be a confusing issue, for sure, and many of the small business owners and entrepreneurs I meet don't seem to have a solid grasp of how, why and when to protect their products, or if it's even necessary.

There are a many reasons people hesitate to make intellectual property protection a priority when they are just starting a new business. They include:

1. It is another startup cost, one which is sometimes viewed as “non-essential,” simply because it is not legally required to operate the business.

2. They are unsure whether the business or product will “take off,” so they think they might not even need it.

3. They don’t anticipate anyone attempting to copy them.

4. They do not know what types of protections may be available for their products or brands.

5. They seek to keep costs down by utilizing free or inexpensive online resources.

Protecting intellectual property correctly is not simple, and many times the examining attorneys at the government agencies have questions or raise unexpected issues on the applications. That is why professional help is so important. It can be costly or limiting in the long run to skip these steps.

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