ADMS 2610 Lecture Notes - Lecture 11: Design Patent, Trade Secret, Intellectual Property

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Document Summary

Patent: exclusive right granted to the inventor of something new and different to produce the invention for a period of 20 years in return for the disclosure of the invention to the public. A mark to distinguish the goods or services of one person from the goods or services of others. The right of ownership of an original literary or artistic work and the control over the right to copy it. Encourage literary and artistic endeavors and protect such works from copying or use without authorization. Trade secret: a commercial secret regarding a product or process. Employees are held accountable to keep the secret. A contract to maintain a trade secret. Used for employees, potential partners, suppliers, and customers. Patents apply to inventions which are: new not invented before, useful not a mere idea, actually works. Can be reproduced by someone skilled in the art : unobvious.

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