Management and Organizational Studies 2275A/B : Chapter 18.docx

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Intellectual property results of creative process (ex. ideas, expression of ideas, formulas, and schemes) Protection attached to ideas through patent, copyright, trademark, industrial design, etc . Patent any new + useful art, process, machine, or composition of matter (or new + useful improvement) Statutory right that provides protection for inventions (gives monopoly to make/use/sell) Lasts for 20 years from date of filing application (as long as maintenance fees are paid) National (only exist in country in which the application was made) Requires patent owner to disclose discovery to world. Things with exclusive protection under other areas of law (ex. computer programs) Things that don"t meet the definition of a patent (ex. scientific principles) Things that are, for policy reasons, not patentable (ex. methods of surgery) One year grace period (if disclosed publically one year prior, its ok) Unobvious (must be some ingenuity/inventive step involved in the invention) Application must be filed with canadian intellectual property office.