What is Intellectual Property?
Intellectual property (IP) encompasses the tangible representations of intellect and creativity and is often represented in the form of patents, industrial designs, trade marks, copyright, circuit layout rights, plant breeder’s rights and trade secrets. Patents, registered designs, copyright and trade marks are the most common ways an owner of IP can prevent others from using the property without the owner’s permission. Any IP developed as a student or employee at Woolcock remains the property of the Woolcock.
The term “intellectual property” covers a broad gamut of intangible assets, including patents, copyrights, mask works, trademarks, trade dress, goodwill and reputation, expertise, data, know-how, and other information regarding business subjects (such as management and operations, marketing and sales) and technology. It can be the collective knowledge and expertise of a company or that of individual employees. See Protecting Your #1 Asset, Introduction, pages xxiii-xxiv. Go to top.
