KARACHI UNIVERSITY BUSINESS SCHOOL
Topic: Analysis of Intellectual Law, V/S Copyright Law, Patent Law,
Under rule Law in South Asian Pacific Region like Pakistan & China
as game changer. Example
Name: Group K
Bilal Nasim EP-19543077
Mohsin Ali Sabri EP-19543084
Shaikh Humayun Farid EP-19543034
Khuwaja Talib Moula EP-17302069
Class: MBA 2.5
Subject: Business Law & Regulation
Course In charge: Sir Jawaid Akram Bukhari
According to the World Intellectual Property Organization (WIPO),
intellectual property:
“…refers to creations of the mind, such as inventions; literary and
artistic works; designs; and symbols, names, and images used in
commerce."
It is a blanket term for a variety of assets created by the mind
otherwise classified as intangible property. The rights to the
intellectual property can be claimed exclusively by the creator or
recipient of ownership transfer and covers the expression of an idea
rather than the idea itself.
IP law includes ways to protect the creative expressions of the
intellect that carry commercial and moral value. There are several
types of intellectual property including:
Copyright, then, is the protection extended to the creator of an
original work. It provides the sole rights to the use and distribution of
the work and normally ends after a specific period of time. After the
time is up, the copyright can be renewed, or the work will pass into
the public domain where it legally may be used without giving notice
of the original creator and without the need for recompense to the
former owner.
A copyright can also be sold and the ownership transferred to a
different entity which is then the recipient of any recompense from its
use and retains sole rights for use and distribution.
Copyrights protect a wide variety of expressions of an idea including:
• Books and literary works
• Written and recorded music
• Works of art
• Photographs and images
• Plays
Copyright grants the right to display a work via video or radio,
present the work publicly, and create or sell copies of the work as
well as derivations of the work.
Definition of Patent Law
Patent law is the branch of intellectual property law that deals with
new inventions. Traditional patents protect tangible scientific
inventions, such as circuit boards, car engines, heating coils, or
zippers. However, over time patents have been used to protect a
broader variety of inventions such as coding algorithms, business
practices, or genetically modified organisms.
In general, a patent can be granted if an invention is:
● not a natural object or process
● new
● useful and
● not obvious.
Exactly what is eligible for patent protection is a topic of fierce debate
and courts often struggle to determine what is a new, no obvious
invention.
Once granted, a patent gives the inventors the exclusive right to sell
their invention for 20 years. Sometimes inventors give other
companies a license to manufacture and sell the invention in exchange
for a fee.
Analysis between Intellectual ,copyright and patent law as Game
Changer
Copyrights, together with patents, trademarks and industrial property
rights, are part of a group of rights called "intellectual property
rights." While the industrial property rights system is aimed at the
development of the industrial economy, copyrights have as its aim the
development of culture and the protection
It explains the principles underpinning industrial property rights, and
describes the most common forms of industrial property, including
patents and utility models for inventions, industrial designs,
trademarks and geographical indications.
Copyright is a legal term used to describe the rights that creators have
over their literary and artistic works. Works covered by copyright
range from books, music, paintings, sculpture and films, to computer
programs, databases, advertisements, maps and technical drawings.
A patent is an exclusive right granted for an invention. Generally
speaking, a patent provides the patent owner with the right to decide
how - or whether - the invention can be used by others. In exchange
for this right, the patent owner makes technical information about the
invention publicly available in the published patent document.
A trademark is a sign capable of distinguishing the goods or services
of one enterprise from those of other enterprises. Trademarks date
back to ancient times when artisans used to put their signature or
"mark" on their product
This has play a game changer in south Asia Like china and
Pakistan because it give rise in economics growth and also
safeguard the owner for its creativity so more and more brain
came in design of engine or other mechanics and you saw how
china has creep the automobile industry as well cellular industries
just because after this law new brains came without any fear and
now you can see what china is doing with the world in its
economical growth.
References:
https://info.vethanlaw.com/blog/2015/10/what-is-the-difference-between-copyright-and-
intellectual-property#:~:text=What%20Is%20Intellectual%20Property%3F,(WIPO)%2C
%20intellectual%20property%3A&text=It%20is%20a%20blanket%20term,otherwise
%20classified%20as%20intangible%20property.
https://www.findlaw.com/hirealawyer/choosing-the-right-lawyer/patents.html
https://www.jasrac.or.jp/ejhp/copyright/about.html
https://www.wipo.int/publications/en/details.jsp?id=4080
https://www.brandssecurity.com/ip-services/copyright-registration#:~:text=It%20is%20a
%20legal%20term,%2C%20maps%2C%20and%20technical%20drawings.
https://www.coursehero.com/file/p67nkubt/iii-A-trademark-is-a-sign-capable-of-
distinguishing-the-goods-or-services-of/