Patents, Trademarks & Copyrights 101

PATENTS	TRADEMARKS	COPYRIGHTS
What is a Patent?  An exclusive right granted for a product, process or an improvement of a product or process which is new, inventive, and useful. It protects the functional application of a product Throughout the life of the patent, it allows the inventor to exclude others from making, using, or selling the product. The Three Criteria  New Involves an inventive step Industrially applicable Terms of a Patent  20 years from the filing date of the application and it must be maintained yearly, starting from the 5th year	What is a Trademark?  A word, a group of words, sign, symbol, or a logo that identifies and differentiates the source of the goods or services of one entity from those of others Gives protection to the identity of brand and prevents others from using or exploiting the mark in any way May be a source of revenue for the owner through licensing or franchising of it to third parties Terms of a Trademark  To maintain protection of a trademark, the actual use of the mark in commerce should be exhibited and proven by the mark owner	What is a Copyright?  The legal protection extended to the owner of the rights in an original work It grant authors, artists and other creators automatic protection for their literary and artistic creations, from the moment they create it. Protects both original and derivative works. “Original work” – every production in the literary, scientific and artistic domain​ "Derivative work” – works based upon one or more pre-existing works Terms of a Copyright  Copyright protection for artistic, literary, and derivative works lasts during the lifetime of the author plus 50 years after the author’s death

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FILING A PATENT

ONLINE FILING	IN-PERSON FILING
A. Specification and Description of the Patent  The Title A brief statement of its nature and purposes Brief explanation of the drawings, if any Complete and detailed enabling description Distinct and explicit claim or claims which the applicant seeks to be protected Abstract of the invention B. Drawings of the Invention	A. Three (3) filled out copies of the Patent Application Form B. Specification and Description of the Patent The Title A brief statement of its nature and purposes Brief explanation of the drawings, if any Complete and detailed enabling description Distinct and explicit claim or claims which the applicant seeks to be protected Abstract of the invention C. Drawings of the Invention

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PATENT FILING FEES

PHP 2,020.00	PHP 4,363.20
Small entities with 100 Million worth of assets or less.	Big entities with more than 100 Million worth of assets.

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