Intellectual Property is creation of minds. It is a set of
Intangibles owned and legally protected by the creator of the innovative Ideas.
To promote the Innovations, creativity and its protection, numerous laws are
enacted by Government to let the creators secure exclusivity and ownership
rights by registering their innovations and unique ideas. Upon obtaining
registration, the creator or owner enjoy exclusive right to use, sell, assign
their rights, and avail monetary benefit through it, and also to protect the
same.
The most used IPR are:
-Geographical Indication
-Industrial Designs namely
All these above mentioned benefits motivates the creation of new
ideas and innovations for the betterment of the society as the new ideas leads
to competition in market which helps to improve the quality of goods and
services. It also allows the owner of IP to quantify their creation in monetary
terms and convert their ideas into business, which also leads to employment
generation in the society.
Source: Quora
If you are looking for an experienced IP attorneys in Vietnam to help you with your IP
application, you should visit ANT Lawyers.vn. Our attorneys have experience
with the IP process and will work closely with you as you apply for your IP.
Contact ANT Lawyers experts at ant@antlawyers.vn or call our office at +84 28
730 86 529. Hope this helps!
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