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The World Intellectual Property Organization (WIPO; French: Organisation mondiale de la propriété intellectuelle (OMPI)) is one of the 15 specialized agencies of the United Nations (UN). [1][2][notes 1] Pursuant to the 1967 Convention Establishing the World Intellectual Property Organization, WIPO was created to promote and protect ...
Intellectual property valuation is a process to determine the monetary value of intellectual property assets. IP valuation is required to be able to sell, license, or enter into commercial arrangements based on IP. It is also beneficial in the enforcement of IP rights, for internal management of IP assets, and for various financial processes.
The WIPO Hague System provides an international mechanism for securing and managing design rights simultaneously, in multiple countries and regions, [ 1] through one application filed directly with WIPO. [ 2] The resulting international registration provides design owners with the equivalent of a bundle of national or regional registrations.
Netherlands (1960) WIPO (1999) The Hague Agreement Concerning the International Deposit of Industrial Designs, also known as the Hague system provides a mechanism for registering an industrial design in several countries by means of a single application, filed in one language, with one set of fees. The system is administered by WIPO.
Royalty rate assessment. Royalty rate assessment is a practical tool to gauge the impact of a royalty commitment in a technology contract on the business interests of the contracting parties. In this coverage, the terms 'royalty', 'royalty rate' and 'royalties' are used interchangeably. A firm with valuable Intellectual Property IP by having ...
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. [1][2] There are many types of intellectual property, and some countries recognize more than others. [3][4][5] The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property ...
The term of a patent is the maximum time during which it can be maintained in force. It is usually expressed in a number of years either starting from the filing date of the patent application or from the date of grant of the patent. In most patent laws, annuities or maintenance fees have to be regularly paid in order to keep the patent in force.
A divisional patent application, also called divisional application or simply divisional, is a type of patent application that contains subject-matter from a previously filed application, the previously filed application being its parent application. [1] While a divisional application is filed later than the parent application, it retains its ...