MCS 3040 Chapter Notes - Chapter 18: Sole Proprietorship, Patent Attorney, Cybersquatting

• School: University of Guelph
• Department: Marketing and Consumer Studies
• Course: MCS 3040
• Professor: Joseph Radocchia

Document Summary

Intellectual property: the results of the creative process, such as ideas, the expressions of ideas, formulas, schemes, trademarks etc. Also this refers to the protection attached to ideas such as patent, copyright, trademark, industrial design etc. Patent: a monopoly to make, use or sell an invention. The patent act defines an invention as any new and useful art, process, machine, manufacture or composition of matter or any new useful improvement in any art, process, machine manufacture or composition of matter . Things that receive protection under other areas of the law. Things that don"t meet the definition of a patent. Things that aren"t patentable for policy reasons (eg. methods of medical/surgical treatment) Not all inventions are patentable and new inventions will only be so if they are new, useful and unobvious. Any invention that has been publically disclosed, publically use, or sold prior to filing out a patent renders an invention old .