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The English patent system evolved from its early medieval origins into the first modern patent system that recognised intellectual property in order to stimulate invention; this was the crucial legal foundation upon which the Industrial Revolution could emerge and flourish. [14]
The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in most of the world's legal systems. [6] Supporters of intellectual property laws often describe their main purpose as encouraging the creation of a wide variety of intellectual ...
The number of patents has been increasing steadily, thus forcing companies to consider intellectual property as a part of their strategy. So patent visualisation like patent mapping is used to quickly view patent portfolios. Patent mapping – graphical modeling used in patent visualisation. This practice "enables companies to identify the ...
The office is headed by the under secretary of commerce for intellectual property and director of the United States Patent and Trademark Office. As of January 2025 [update] , Coke Morgan Stewart is acting undersecretary and director, [ 4 ] having been appointed to the position by President Trump on January 20.
According to the Canadian Intellectual Property Office (CIPO) patents may only be granted for physical embodiments of an idea, or a process that results in something that is tangible or can be sold. This excludes theorems and computer programs per se. [ 1 ] However, business methods are patentable.
Intellectual property refers to intangible assets such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property rights include copyrights, trademarks, patents, industrial design rights, trade dress, and in some jurisdictions, trade secrets.