As per The World Intellectual Property Organisation (WIPO) Publication No. 450(E); Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
IP – Intellecual Property Litigation & Advisory
Intellectual Property - IP Overview:
What is Intellectual property - IP?
What are intellectual property rights?
Intellectual property – IP rights are like any other property right. They allow creators, or owners, of patents, trademarks or copyrighted works to benefit from their own work or investment in while creating IP.
These rights are outlined in Article 27 of the Universal Declaration of Human Rights, which provides the right to benefit from the protection of moral and material interests resulting from authorship of scientific, literary or artistic productions.
The importance of intellectual property
The importance of intellectual property was first recognized in the Paris Convention for the Protection of Industrial Property (1883) and the Berne Convention for the Protection of Literary and Artistic Works (1886). Both treaties are administered by the World Intellectual Property Organization (WIPO).
Main categories of Intellectual Properties
Intellectual property is divided into two categories:
patents for inventions, trademarks, industrial designs and geographical indications.
literary works (such as novels, poems and plays), films, music, artistic works, (e.g., drawings, paintings, photographs and sculptures) and architectural design. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and broadcasters
What are the benefits of protecting intellectual property?
Protecting your business’s intellectual property provides significant benefits. These benefits include:
Why Choosing Noura Almaazmi Advocates & Legal Consultancy?
We are different:
We are so unique in providing outside the box new innovative solutions to businesses in today’s very competitive economy.
While businesses’ market share is shrinking, it is so crucial to seek innovative solutions to maintain business market share and secure safe sustainable revenue growth.
At Noura Almaazmi Advocates & legal consultancy we are considered as one of the top leaders in the region in Intellectual property solutions for many evident reasons that includes the followings:
Our Services:
1. IP registration and protection:
Our competent team is qualified to register and protect all types of Intellectual Properties including; Trade mark, copyrights, work of science, patent, inventions and industrial designs all over the world.
We explain you what the best tool is to register & protect your intellectual property based on your target.
2. IP-Scanning, audit & due diligence advisory:
Our competent team is qualified to scan all your intellectual properties existing in your company that you might not know about. The team will also audit all the legal grounds existing in the market of your business for similar intellectual properties, so you understand your business position in the IP world.
3. IP- Strategy advisory:
Our competent team is qualified to set up the right IP-Strategy for your business.
IP-Strategy is a high-level of an action plan to help your company to achieve ambitious business goals under conditions of the market uncertainty with most profitable and effective use of intellectual property assets.
4. IP-capitalisation advisory:
Our competent team is qualified to support your company & business on IP-capitalization which implies the conversion of the costs on the creation of intangible assets and have them as an investment in your company’s balance sheet subsequently increasing your company valuation.
Do you know that up to 50 % of your employees’ salaries and bonuses, marketing and advertising costs, costs for external sub-contractors, costs for consulting services, costs for insurance and other expenses involved in the creation of your IP can be capitalized according to the International Accounting Standard 38?
5. IP-monetisation advisory:
As known to most ordinary companies, IP and other intangible assets are mainly created and developed to support the overall productivity and growth of a companies and business through their direct contribution to the company’s main economic products or services, our competent team is qualified to advise you on how to create new resources and channels of revenue generating using your legal ownership of your IP assets.
6. IP-monopolisation advisory:
Our competent team is qualified to support your company to apply and set up monopolization strategy to restrict the entrance of unfair competitor and/or protect your market share.
This strategy allows you to have more control over the market which is related to your business activity.
7. IP-Radar advisory:
It is very evident that companies must be aware of new competitors entering the market or unfair competitor trying to steal their market share.
Our competent team is qualified to support you in setting up a Radar system using all IP legal tools and instruments to identify any kind of violators trying to overtake your company’s market share.
8. IP litigation and infringement innovative solutions advisory:
IP infringement occurs when another party makes uses or sells an IP – Intellectual property item without the permission of the IP holder. The IP holder may choose to sue the infringing party to stop unlawful activities, as well as to receive compensation for unauthorized use.
IP litigation includes legal actions to protect your business IP against infringement. Legal action may result in monetary damages or an injunction against the infringer.