Week17- Invention, Intellectual Property and Business Models

Introduction

It is a pretty important week and Neil talked about different kinds of licenses that we can register our project under. We were to decide how we wanted to disseminate our final project and I opted for the Non-Commercial Creative Commons License for now.

Assignment

• develop a plan for dissemination of your final project prepare drafts of your summary slide (presentation.png, 1920x1080) and video clip (presentation.mp4, 1080p HTML5, < ~minute, < ~10 MB) and put them in your root directory

Intellectual Property Rights

Intellectual property rights are legal rights that provide creators protection for original works, inventions, or the appearance of products, artistic works, scientific developments, and so on.

Types of intellectual property rights (IP)

According to WIPO, following are the types of IP:

• Copyrights
• Patents
• Trademarks
• Trade Secrets

Copyright

• Copyrights do not protect ideas, but rather the manner in which ideas are expressed (“original works of authorship”) - written works, art, music, architectural drawings, or even programming code for software (most evident nowadays in video game entertainment). With certain exceptions, copyrights allow the owner of the protected materials to control reproduction, performance, new versioning or adaptations, public performance and distribution of the works.

Patent

• Used to protect inventive ideas or processes – things that are new, useful and nonobvious
• Rule of patent in my country, Bhutan is here

Trademark

• A trademark is unlike a patent in that it protects words, phrases, symbols, sounds, smells and color schemes. Trademarks are often considered assets that describe or otherwise identify the source of underlying products or services that a company provides

Trade Secret

• Trade secrets are proprietary procedures, systems, devices, formulas, strategies or other information that is confidential and exclusive to the company using them. They act as competitive advantages for the business.

Video

The video for my final project, I made using iMovie as I am already familiar with the tool.

Slide

For the presentation, I used canva to make the slide and use different fonts to make the slide aesthetic. I faced a problem with canva and it was that i had to pay to make the slide size into 1920x1080 which was the criteria. So, after making the design from the canva, I used keynote to add more details and made the size into 1920x1080.