What is the Definition of
Intellectual Property Rights?
The definition of intellectual property rights is any and all rights associated
with intangible assets owned by a person or company and protected
against use without consent. Intangible assets refer to non-physical
property, including right of ownership in intellectual property . Examples of
intellectual property rights include:
Patents
Domain names
Industrial design
Confidential information
Inventions
Moral rights
Database rights
Works of authorship
Service marks
Logos
Trademarks
Design rights
Business or trade names
Commercial secrets
Computer software
What Are the Types of Intellectual
Property?
There are four main types of intellectual property rights, including patents,
trademarks, copyrights, and trade secrets. Owners of intellectual property
frequently use more than one of these types of intellectual property law to
protect the same intangible assets. For instance, trademark law protects a
product’s name, whereas copyright law covers its tagline.
1. Patents
The U.S. Patent and Trademark Office grants property rights to original
inventions, from processes to machines. Patent law protects inventions
from use by others and gives exclusive rights to one or more inventors.
Technology companies commonly use patents, as seen in the patent for
the first computer to protect their investment in creating new and innovative
products. The three types of patents consist of:
Design patents: Protection for the aesthetics of a device or invention.
Ornamental design patents include a product’s shape (Coca-Cola bottle),
emojis, fonts, or any other distinct visual traits.
Plant patents: Safeguards for new varieties of plants. An example of a
plant patent is pest-free versions of fruit trees. But inventors may also want
a design patient if the tree has unique visual properties.
Utility patents: Protection for a product that serves a practical purpose
and is useful. IP examples include vehicle safety systems, software, and
pharmaceuticals. This was the first, and is still the largest, area of patent
law.
2. Trademarks
Trademarks protect logos, sounds, words, colors, or symbols used by a
company to distinguish its service or product. Trademark examples include
the Twitter logo, McDonald’s golden arches, and the font used by Dunkin.
Although patents protect one product, trademarks may cover a group of
products. The Lanham Act, also called the Trademark Act of 1946, governs
trademarks, infringement, and service marks.
3. Copyrights
Copyright law protects the rights of the original creator of original works of
intellectual property. Unlike patents, copyrights must be tangible. For
instance, you can’t copyright an idea. But you can write down an original
speech, poem, or song and get a copyright.
Once someone creates an original work of authorship (OWA), the author
automatically owns the copyright. But, registering with the U.S. Copyright
Office gives owners a head-start in the legal system.
4. Trade Secrets
Trade secrets are a company’s intellectual property that isn’t public, has
economic value, and carries information. They may be a formula, recipe, or
process used to gain a competitive advantage.
To qualify as a trade secret, companies must work to protect proprietary
information actively. Once the information is public knowledge, then it’s no
longer protected under trade secrets laws. According to 18 USC § 1839(3),
assets may be tangible or intangible, and a trade secret can involve
information that’s:
Business
Financial
Technical
Economic
Scientific
Engineering
Two well-known examples include the recipe for Coca-Cola and Google’s
search algorithm. Although a patent is public, trade secrets remain
unavailable to anyone but the owner.
What Are Some Examples of
Violations of Intellectual Property?
The significant violations of intellectual property consist of infringement,
counterfeiting, and misappropriation of trade secrets. Violations of
intellectual property include:
Creating a logo or name meant to confuse buyers into thinking they’re
buying the original brand
Recording video or music without authorization or copying copyrighted
materials (yes, even on a photocopier, for private use)
Copying another person’s patent and marketing it as a new patent
Manufacturing patented goods without a license to do so
Since intellectual property can be bought, sold, or leased out, it offers many
protections equal to real property ownership. Likewise, similar remedies
exist. A dispute may end with property confiscation, an order of monetary
damages, or cease and desist orders.
What Does an Intellectual Property
Lawyer Do?
Like many areas of law, intellectual property attorneys’ responsibilities differ
according to their niche. Lawyers may cover licensing, acquisitions, or
creation. Some create and oversee strategies to protect intellectual
property internationally and domestically. However, there are three main
components of IP law: counseling, protection, and enforcement.
1. Client Counseling
Lawyers who counsel clients find the best way to guard intellectual property
and help their clients license and use it. For example, executives enlist
attorneys to research the availability of trademarks. If a similar mark
already exists, lawyers help leaders determine whether to alter their design
or drop it altogether.
In the field of patent counseling, attorneys with a technical background
assess the client’s patent to determine the possibility of patent infringement
and its validity. Patent lawyers usually must have a background in science,
including an undergraduate degree in a scientific field, to qualify.
2. Intellectual Property Protection
Lawyers involved in the protection of intellectual property complete the
processes associated with securing the highest available rights. Doing so
involves preparing and transmitting an application with the U.S. Patent and
Trademark Office (PTO). Attorneys will also respond to issues or requests
by the agency until the patent or trademark clears and is issued
3. Enforcement of Intellectual Property
Rights
Lawyers who enforce intellectual property rights do so by guarding the
owner against infringement. Litigation against violators in federal court
includes criminal prosecution and enforcement for intellectual property
rights. International enforcement is much more complicated and can
involve local politics in the country where the infringement occurred.
What Skills Help Intellectual
Property Lawyers?
Law firms hire attorneys for work in the licensing, trademark, and copyright
fields if they have a science or litigation background. There are rarely
separate departments for each area at firms. However, patent attorneys
may also complete copyright and trademark work related to their field of
specialty. The most desired skills in intellectual property law include:
Well-versed in business transactions
Ability to work alongside other legal representatives
Strong written and oral communication skills
Negotiation capabilities
An understanding of international and domestic considerations
Lateral thinking skills
Attention to detail
Does a Patent Attorney Require
Different Skills?
Typically, firms look for patent lawyers with a technical undergraduate
degree. Patent litigators don’t have any special requirements, whereas
patent prosecutors need to pass the U.S. Patent and Trademark Office’s
Patent Bar Exam.
Patent litigators oversee disputes, develop enforcement strategies, and
defend companies accused of patent violations. Patent prosecutors
establish patent rights by advising clients, drafting applications, and
creating protection strategies.
However, patent prosecutors must fully understand how an invention
works, differs from others, and is original, and argue these points. Lawyers
in patent law do well with a bachelor’s degree in engineering or science
fields, such as:
Physics
Life sciences
Material science
Medical devices
Electrical engineering
Pharmaceutical and chemistry
Mechanical engineering
Computer science
Are Intellectual Property Lawyers
In Demand?
Yes, IP attorneys are in demand across the United States. With new
developments in science and technology, and the growth of the internet, IP
lawyers are needed for creators, content protections and electronic rights.
Although many types of technology firms hire at high rates, manufacturing
and pharmaceutical corporations all require legal support. However, patent
lawyers who specialize in certain areas can get higher pay and a wider
variety of job offers. These fields include:
Electrical engineering
Computer science
Biotech engineering
Biochemistry
Mechanical engineering
Intellectual property lawyers also enjoy a fair amount of work even during
an economic downturn. IP has a high value to organizations as executives
will protect their assets regardless of a slowdown or other financial
disturbance. Since patent prosecution requires a greater knowledge level,
these positions are in higher demand and tend to be financially lucrative.
How to Learn About Intellectual
Property Law
Your first-year law courses introduce the basics of law required for each
sector of intellectual property law. During your second or third year, you’ll
learn about business associations, which helps you understand future IP
clients’ organizational structures and needs. Most law schools, including St.
Francis School of Law, provide elective courses teaching lawyering skills
and offering practice exercises in intellectual property courses.
Intellectual Property I
Students focus on copyright and trademark law in this first introductory
intellectual property law course at St. Francis School of Law, including legal
rights, remedies, and infringement. Students learn about the specific rules
and professional skills like completing copyright and trademark
registrations. Class projects may include drafting:
Appellate opinion on copyright infringement
Legal memorandum on a possible copyright infringement
Client letters discussing the loss of trademark rights or trademark priority
A final analysis of federal trademark benefits, domain names, or
cybersquatting
Intellectual Property II
The second intellectual property course builds upon the first class in the
series, concentrating on IP infringement and patent law. Law professors
introduce case studies and discuss industries to help students discover the
intersection of patent and copyright laws. Lastly, professors teach the
substantive rules relating to trademark law. Practical exercises may
include:
Defining the details a company must go over with exiting employees
leaving for a competitor
Completing a memorandum about the patentability of an enzyme and its
manufacture
Drafting client letters about rights and remedies under trade secret law
Preparing for client meetings regarding a potential patent
Writing a memorandum to general counsel about a misappropriation claim
Learn More About Intellectual
Property Law
Explore the intellectual property section on state bar association websites
or visit the American Intellectual Property Law Association for more
intellectual property law information. You can also speak with advisors at
law school to learn about the opportunities available to students wanting to
specialize in intellectual law. Discover the possibilities available to you with
an online Juris Doctor (JD) degree from the St. Francis School of Law.