CCT206H5 Chapter Notes - Chapter 4: Patent Attorney, Patent Examiner, Lanham Act
20 Apr 2016
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Patent: the third of the four forms of intellectual property, internet companies have availed themselves of patents to procure monopoly rights in certain inventions, lanham act: governs trademark law in the united states. Thus it"s the opposite of a trade secret which by nature is very secret (e. g. coca cola recipe) where as a patent is open to the public: patent rights are exclusionary. Holder does not necessarily have the right to use the invention, but has the right to exclude others from making, using, selling or offering to sell the invention. He can stop others from using it or license his patent in exchange for royalties: a patents true value come from licensing revenue or preventing s competitors use, 3 types of licenses: Not know or used by others, or patented or described in a printed publication, or in public use, or on sale more than one year prior to the patent application.
