Intellectual Property

General information

Intellectual Property protection has become the essential way by which countries try to further develop their economies.

Several intellectual property protection systems have protected those who have made an effort to create different kind of works and performances. This protection is a key instrument, it is useful to encourage the creator and others to continue to create and consequently to contribute in the development of their country.  The fact that creators of works have been protected, has stimulated them and others to continue to keep on creating and so contributing to the development of their country.

Intellectual Property does offer protection for creations of the human mind. These creations have been divided under different areas. For example: literary, artistic or scientific works, distinctive sign and inventions. Consequently the areas of intellectual property rights consists of among others copyrights, to protect literary, artistic or scientific works, trademark rights to protect distinctive signs for goods and services and patent right to protect inventions.

Intellectual property is divided into two categories which are Industrial Property and Copyright.

Industrial Property includes among others patent rights, trademark rights; industrial designs rights and geographic indications of source.

Related rights are rights that protect, among other, the matter of expressions of works protected by copyright. These Related Rights include those of performing artists in their performances, producers of phonograms in their recordings, and those of broadcasters in their radio and television programs.

Intellectual property protection is necessary because besides stimulating the economy, it offers consumers information regarding the source of products and it stipulates rules which are necessary to order the massive production flow.