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Intellectual Property News
Russian Intellectual Property Violations Must Be Addressed at G-8 Summit
Washington, DC— Congresswoman Watson today released a letter sent to President Bush requesting that he address Russia’s weak enforcement of intellectual property rights (IPR) at the upcoming Group of 8 Summit. The letter also urged the President to withhold his support for Russia’s entry into the World Trade Organization (WT0) until the nation takes appropriate steps to improve its IPR enforcement.
Representatives Tom Lantos (D-CA-12), Ranking Member of the House International Relations Committee, and Darrell Issa (R-CA-49) also signed the letter.
“The cost of Russian piracy in 2005 to the United States’ creative and patent community was over $1.7 billion, with losses topping $6.8 billion over the last five years,” wrote Congresswoman Watson. “We anticipate these costs would far outweigh the benefits of the liberalized trade that would come with Russia’s accession [to the WTO].” Read more at house.gov
The patent grant protects its inventors.
A patent grant right excludes others from making, using, offering for sale, or selling the invention in the US.
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Definition:
This is a statutory exception that allows the use of a copyrighted work for certain purposes without requiring permission. (See 17 USC § 1075).
Generic Name
Definition:
A word used by most people to name a class or category of product or service. No one person may have trademark rights to a generic name.
Copyright owner
Definition:
The copyright owner is not necessarily the author or creator of the work. While in most cases, the creator/author is automatically the one with all exclusive rights to his/her work, the author can give up all rights and transfer the piece to another perso
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