About Lesson
- Trade Secret:
- Refers to non-disclosure of formula/recipe for a long period or unlimited duration.
- Patent
- Refers to right granted by a government to an inventor to exclude others from imitating, manufacturing, using or selling the invention for commercial use during a specified period.
- Lasts normally for 15-20 years.
- Copy right:
- When certain intellectual property is not patentable, they are protected by copyright.
- It is a legal term used to describe the rights that creators have over their literary and artistic works.
- Examples: authored and edited books, audio, videos, computer software, etc.
- Plant breeder right:
- Refers to right granted by government to a plant breeder to exclude other from producing or commercializing the material.
Join the conversation