WHAT IS INTELLECTUAL PROPERTY? IP
Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. It is a term used to describe legal rights that creators or owners have over their creations or inventions. These rights typically include:
COPYRIGHT
Protects original works of authorship fixed in a tangible medium, such as literary, artistic, musical, and dramatic works, as well as computer software and architectural designs.
PATENTS
Patents Grant exclusive rights to inventors for their inventions, which may be a product or a process, providing them with the right to exclude others from making, using, selling, or importing the patented invention for a limited period.
TRADEMARKS
Its Protects words, phrases, symbols, designs, or combinations thereof that distinguish goods or services of one party from those of others, allowing consumers to identify and choose products or services based on their source or quality.
TRADE SECRETS
Refers to confidential information that provides a business with a competitive advantage, such as formulas, recipes, processes, or customer lists, which are kept secret and not generally known to others.
INDUSTRIAL DESIGNS
Protects the visual design of objects that are not purely functional but have aesthetic appeal, such as the shape, configuration, pattern, or ornamentation of a product.
Intellectual property rights enable creators and innovators to benefit financially from their creations or inventions and provide them with the incentive to invest time, effort, and resources into developing new ideas. These rights also promote innovation, creativity, and economic growth by encouraging the dissemination of knowledge and fostering competition in the marketplace.
INTELLECTUAL PROPERTY ORGANIZATION OF PAKISTAN
Intellectual Property Organization of Pakistan (IPO-Pakistan) was established as an autonomous body on April 8, 2005 under the administrative control of the Cabinet Division for integrated and efficient intellectual property management in the country. On July 25, 2016, the administrative control of IPO-Pakistan was transferred from Cabinet Division to Commerce Division. The Trade Marks Registry, Copyright Office and the Patent & Design Office became part of the new Organization under a unified and integrated management system. The major functions of the Organization, inter alia, include:-
- Administer and coordinate all Government systems for protection and strengthening of Intellectual Property (IP);
- Manage all IP offices in the country;
- Create awareness about IP Rights;
- Advise Federal Government on IP Policy;
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