Tolu Olaloye Senior Associate CONTENTS 2 2018 Jackson Etti amp Edu Introduction Concept of Intellectual Property Relevance of Intellectual Property Opportunities in Intellectual Property ID: 798946
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The Relevance, Opportunities in Intellectual Property(IP) and the need for intending IP lawyers.
Tolu Olaloye, Senior Associate
Slide2CONTENTS
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2018 © Jackson,
Etti
& Edu.
Introduction
Concept of Intellectual Property
Relevance of Intellectual Property Opportunities in Intellectual PropertyRequired SkillsConclusion
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INTRODUCTION
IP plays an important role in facilitating the process of taking innovative technology and creativity to the market place. It enhances competitiveness of technology-based enterprises, whether such enterprises are commercializing new or improved products or providing service on the basis of new or improved technology.
Along with human creativity and inventiveness, intellectual property is all around us
, in music, books, etc.
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So, what exactly is Intellectual Property (IP)?
IP refers to unique, value-adding creations of the human intellect that results from human ingenuity, creativity and inventiveness.
Intellectual Property has been historically categorized into two: Copyright and Industrial Property.
Copyright
covers
the protection of literary and artistic works whilst
Industrial Property covers industrial-applicable IP rights such as Trademarks, Patents and Designs.
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Intellectual Property
Industrial Property
Copyrights and related rights
Industrial Patents Trademarks Trade Secrets Geographical Layout Designs of Plants varieties &
Designs Service marks & Digital IP
ications
Semi Conductors ICS Farmer’s rights
Types of IPRs
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RELEVANCE OF IP
Every product or service that we use in our daily lives is the result of a long chain of big or small innovations, such as changes in designs, or improvements that make a product look or function the way it does today.
e.g
Ladislao
biros, CD player, etc
.
IP helps the producer/manufacturer to market the product and develop a loyal clientele.Increases foreign direct investment, transfer of technology through patent etc. It inspires research and development. Intellectual commercialization results in huge revenue gain for companies. It is vital to all businesses and a source of securing competitive advantage in the market placeIt drives creativity and innovation in the 21st Century.
Slide72018 © Jackson,
Etti
& Edu.
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FORMULATION
Protected by both patent and know-how
.
BOTTLE
Protected by registered design.
LABEL DESIGN AND INSTRUCTIONSProtected by copyright.GAVISCON ADVANCE, THE LOGO AND THE COLOURSare all registered trade marks. BOTTLE CAPCould be protected by a patent, a utility model or by design rights.
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OPPORTUNITIES IN IP
IP Practitioner
In House IP Counsel
Counsel at IP regulatory bodies
NAFDAC
NOTAP
Nigerian Copyright Commission
Nigerian Custom ServiceIndustrial Property OfficeConsultant for international IP Bodies World Intellectual Property OrganisationAfrican Regional Intellectual Property OrganisationOrganisation Africaine de la Propriété intellectuelleAdvisers to Federal and State Governments on IPR issues
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PRACTICE AREAS UNDER IP
Brand Protection
Investigation
Opposition
Intellectual Property Litigation
Commercial IP (License, Assignment, Product placement, Franchise, etc.)
IP Portfolio Management (Registration, Renewals, Recordal of licenses and assignments, etc.)
Slide10SKILLS REQUIRED
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Meticulous
Attention-to-detail
Open-minded; ability to think Outside The Box
Vast knowledge base & exposure
Willingness to learn
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BRAND/SELF POSITIONING
Gain an understanding of the Economic Importance of Intellectual Property (read up on IP and how it impacts the economy; e.g. Apple is the most profitable company in the world.
Why?
Apply for IP-related jobs to gain specialized on-the-job training in IP.
Take IP courses for more technical depth.
Determine which field of IP your interest lies & pursue it e.g. In-house Counsel; Academia; Consultancy; R&D; Private Practitioner; Government; International
organisations
& the list is endless
Utilising New Age Media
Slide12Thought leadership: IP Listings, Journals and reviews
CITMA REVIEW is the membership publication of CITMA. Published eight times a year it provides members with the latest news, analysis and features relevant to the trade mark attorney profession.
INTELLECTUAL PROPERTY MAGAZINE
Covering patents, trademarks, copyright, licensing, internet law, design and brand management, IPM is your essential IP information resource. It provides:
Detailed industry analysis from the world’s leading IP lawyers
Case commentary and in-depth, unbiased court reports
The latest IP trends explored and debated
Interviews with high profile and influential figuresIP strategy and best practice for in-house counsel.
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RECOMMENDATIONS FOR THE FUTURE OF IP
Deeper Government Participation & awareness of its importance in the economy
Provision of incentives for innovative activities
Compulsory inclusion into Academic curricular for law
Increased participation in awareness and events by students
Increase in thought leadership
Amendment of relevant IP laws to conform with the modern IP practice
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Slide15Thank you