Management and Organizational Studies 2275A/B Chapter Notes - Chapter 18: Canadian Intellectual Property Office, Unregistered Trademark, Trademark Infringement

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Intellectual property: results of the creative process such as ideas, expression of ideas, formulas, schemes, trademarks, and the like, protection attached to the ideas through patent, copyright, trademark, industrial design, confidential business information, and others. Is necessary because: patents protect inventions and are essential to businesses in the pharmaceutical, electronics, chemical, and manufacturing industries, as patents may be used to exclude others from using new technology. Law government confidentiality is the means of protecting information such as marketing plans, customer lists, database, and price lists, and is crucial to all businesses. Offers both opportunities and challenges to businesses. Patent: a monopoly to make, use, or sell an invention. Protected by the patent act: processes or methods (pay-per-use billing, system for applying a selective herbicide, machines or apparatuses (computer hardware, rake, vacuum cleaner, products or compositions of matter (pharmaceuticals, chemical compounds, microorganisms)

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