By: Norman Medi
1) What is an Intellectual Property?
Intellectual property also known as IP is a category that contains certain properties that refer to the creations of the mind, inventions, literary and artistic works, trade secrets, and symbols, names, and images used in commerce. Intellectual property (IP) can be divided into two large categories as described below.
2) Types of intellectual property (IP):
Intellectual Property (IP) can also be divided into two classes, these two classes are:
2.1) Industrial Property:
Patent:
A patent is a form of an exclusive right granted by the government to an inventor for an invention of a product or process that provides a new way of doing something, or that offers a new technical solution to a problem. Giving the owner the right to exclude others from making or using or selling or importing the invention for a limited period of time.
Here are some few examples of Patents:
– C Pen (Pen with a scanner):
This is a machine that is as small as a pen, and users can transfer a text from a paper directly into the computer. Christer Fåhraeus is the inventor of the C pen. The first model was launched in 1998 and it is still being in development until this day.
– Steel kidneys (a dialysis machine):
In 1946, after receiving a grant from the state a doctor in Lund named Nils Alwall, began developing a dialysis machine for people that are suffering from kidney diseases. Just over twenty years later, his new invention started to be mass produced.
– Three-point seat belt:
Nils Bohlin invented a lifesaving invention, he invented a three-point belt, according to Volvo’s study, and this invention was responsible for the saving of hundreds of thousands of lives. This Belt was much safer and comfortable than the older ones. In 1985, Nils Bohlin’s three-point seat belt was awarded a prize by the West German patent authority for being one of the most practical and beneficial to the general public.
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