WHAT ARE THE BASIC REQUIREMENTS FOR PATENT?

Posted on 4 December 2018Categories Business, Entrepreneurship, Legal Advisor, StartupTags ,   Leave a comment on WHAT ARE THE BASIC REQUIREMENTS FOR PATENT?

    For an invention to be patentable, it must satisfy three basic requirements. It must be: (1) new (novelty); (2) result from inventive activity (inventive step); and (3) capable of industrial application. Novelty: Newness or novelty of a product is fundamental to patentability. The invention must not be previously known by others or previously available in the public domain. The invention claimed is set side by side with what is already known about the particular area of the invention. … Continue reading “WHAT ARE THE BASIC REQUIREMENTS FOR PATENT?”

THE NEED FOR PATENT PROTECTION

Posted on 23 November 201830 July 2021Categories Business, Entrepreneurship, Legal Advisor, StartupTags , ,   Leave a comment on THE NEED FOR PATENT PROTECTION

Patent is an exclusive right granted for an invention i.e. a product or process that provides a new way of doing something or provides a technical solution to a problem. It may either relate to a product (product patent) or to a process (process patent). A patent protects new inventions and gives the owner the right to prevent other persons from using, importing or selling the invention without the owner’s permission. In Nigeria, a patent is granted to the person … Continue reading “THE NEED FOR PATENT PROTECTION”

COPYRIGHT PROTECTION IN NIGERIA

Posted on 1 November 2018Categories Business, Entrepreneurship, Legal Advisor, StartupTags ,   Leave a comment on COPYRIGHT PROTECTION IN NIGERIA

A copyright is a form of protection provided by law to authors of original works. It is a set of exclusive right granted to the author or creator of an original work including the right to copy, distribute and adapt the work. Basically, copyright gives you ownership over the things you create. Copyright covers eligible works such as literary works, musical works, artistic works, cinematograph films, sound recording and broadcast. It should be noted that copyright registration is not a … Continue reading “COPYRIGHT PROTECTION IN NIGERIA”

INTELLECTUAL PROPERTY: WHAT YOU NEED TO KNOW

Posted on 30 October 2018Categories Business, Entrepreneurship, Legal Advisor, StartupTags , , ,   Leave a comment on INTELLECTUAL PROPERTY: WHAT YOU NEED TO KNOW

    Intellectual Property simply means creations of the mind like inventions; literary and artistic works; designs; symbols, names and images used in commerce. The law recognises and protects these products of the human intellect from unauthorized use by others. Intellectual property can be broadly classified into two: Industrial property and Copyright. Industrial property consists mainly of patents for inventions, industrial designs and trademarks. Copyright, however, is concerned with literary, artistic, musical works, cinematograph films, et cetera. Intellectual property rights … Continue reading “INTELLECTUAL PROPERTY: WHAT YOU NEED TO KNOW”