Understanding Intellectual Property

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Intellectual Property Act 2021

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A UK law updating IP regulations to enhance protection and enforcement.

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Intellectual Property (IP)

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Creations of the mind, like inventions, literary works, and symbols.

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Patent

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Exclusive rights granted for an invention, preventing others from making, using, or selling it.

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Copyright

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Legal right granting the creator of original work exclusive rights to its use and distribution.

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Trademark

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A symbol, word, or words legally registered for use by a single company or product.

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Design Rights

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Protection for the visual design of objects that are not purely utilitarian.

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Trade Secrets

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Practices, designs, formulas, processes, or any information that provides a business advantage.

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Enforcement

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Legal measures to ensure compliance with IP laws and protection of rights.

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Infringement

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Violation of an IP right, such as using a patented invention without permission.

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Licensing

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Permission granted by the IP owner to another party to use the IP under defined conditions.