When intellectual property (IP) is legally protected by a title of protection, third parties are not allowed to initiate the registration procedure for a similar IP object. Since the title of protection indicates that this IP object is new and has significant differences from the prior art.
Patent protection minimizes the risk that the rights of others by using patented items for commercial purposes will be violated.
Currently, intellectual property is a highly demanded asset.
Intellectual property can have both material embodiment and be just an idea that can subsequently bring profit. Therefore, this type of property especially needs special protection.
The starting point for the emergence of a world system for the protection of intellectual property was the Paris Convention, adopted in 1883.
Most foreign countries have their own national patent laws.
Sections of such legislative documents regulate such issues as the assessment of the patentability of the results of intellectual property, the description of the process of applying for a patent, the actions of the patent owner to maintain the patent in the future.
The Patent Cooperation Treaty (PCT) played a significant role in simplifying the procedures for filing a patent application. The treaty provides the possibility of filing one international application seeking protection in the desired contracting countries.
Registration of various objects of intellectual property is necessary if the inventor wants to obtain exclusive patent rights to use the result of his intellectual activity.
A wide variety of IP types can enjoy legislative protection: Copyright; Related rights; Patent Law; Individualization means; Production secrets (know-how); Non-traditional IP objects.
The main instruments for the protection of intellectual property include a patent, a certificate of registration, which have legal force and serve as a confirmation of the copyright of their owner.