IP Protection- What, How & Where By Ese Oraka Partner, Adelphi Consulting Being a Presentation made at the Anadach Workshop on the Dynamic Role of Intellectual Property in promoting Economic Development The Objective Help participants understand Intellectual Property with • What to Protect’ • How to protect it and • Where to Protect it’. https://www.google.com.ng/?gfe_rd=cr&ei=oSCTVd2UMMrH8ge7oIDgAg#q=intellectual+meaning https://www.google.com.ng/?gfe_rd=cr&ei=qCCTVZffLcrH8ge7oIDgAg#q=property+meaning The Etymology of Property Intellectual Property Property Personal Property Real Property Personal Chattel Intangible Personal Property Real Chattel Tangible Economic Property Note: “Turning an idea into an IP platform depends on three conditions: Having a good idea, having full ownership of the idea and having an idea that is legally protectable.” Efrat Kasznik • http://www.bizjournals.com/bizjournals/bio/25861/Efrat+Kasznik Intellectual Property refers to intangible property owned by a person in the product of his or her intellectual effort Creative/Academic Work: Copyrights Database Rights Trade/Business/ Invention: Economic Interests: Patents, Plant Breeders Rights Trademark, Industrial Design, Trade Secrets, Goodwill IP Value Extraction in Action Exclusivity/Monopoly Marketing/Chilling Effect Intellectual Capital Value Extraction IP Creation Industry Standard/ATT Asset/Financing Prestige/Brand Bargaining Power IP Asset and Protection Type of Asset • Invention • Logo, Mark • Physical expression of ideas • Marketplace and Existing Technology Knowledge Mode of Protection • Patents • Trademarks • Copyrights • Trade Secrets • Contracts • Publication Analyzing Protection Mechanisms Type Cost Protection Enforceable Content Patent high strong yes idea Copyright © low low yes expression of idea Tradesecret low -strong ~no/ ~yes any Trademark ® moderate moderate yes name, logo Design moderate moderate yes drawing Where IP Type Where Relevant Laws Copyrights Nigerian Copyrights Commission Copyright Act (Chapter C.28, as codified 2004) (2004) Copyright (Amendment) Decree No. 42 1999 (1999) Copyright (Amendment) Decree No. 98 1992 (1992) Self Copyrighting Trademarks Registry of Trademarks Patents & Designs Trade Marks Act (Chapter 436) (1990) Patents Registry of Trademarks Patents & Designs Patents and Designs Act of 1971 (Chapter 344) (1990) NOTAP (Drafting, Payment, Commercialization) Trade Secrets ? Describing your business model The business model canvas KEY PARTNER OFFER RELATIONSHIPS What are your core activities and processes? What‘s your offer? KEY RESOURCES Which „jobs to be done“ do you satisfy? What‘s your relationship to the customer? What‘s your image? KEY ACTIVITIES You are your main suppliers, partners and alliances? What are your main assets and competencies? COST CENTRES What is driving cost? Source: Canvas by businessmodelgeneration.com CHANNELS How do you reach your customers? REVENUE STREAMS How do you make money? CLIENTS Who‘s your customer? Which customer segments do you serve? Business Model Canvas-Disney Geographical Scope of IP • Almost every country has its own patent law, and a person desiring a patent in a particular country must make an application for patent in that country, in accordance with the requirements of that country. Since the rights granted by a Nigerian IP extend only throughout the territory , they have no effect in a foreign country. • A creator or inventor who wants IP protection in other countries must apply for registration in each of the other countries or in regional patent offices. Global Arrangements • The Patent Cooperation Treaty (PCT) streamlines the process of filing patents in multiple countries. By filing one patent application with the Nigerian Patent and Trademark office, applicants can concurrently seek protection in up to 143 countries • The Madrid Protocol also makes it easier to file for trademark registration in multiple countries. By filing one trademark registration application with USPTO, U.S. applicants can concurrently seek protection in up to 84 countries. Trade-Related Aspects of Intellectual Property Rights (TRIPS) • The Agreement on Trade-Related Aspects of Intellectual Property establishes minimum standards of protection for each category of property rights. These standards should be integrated into the national legislation of all World Trade Organization (WTO) Members and they should be applied in accordance with the principles of most-favoured-nation and national treatment. • TRIPS is the trade agreement with most implications for the production of and access to drugs, particularly in developing countries. • The agreement aims to bring Intellectual Property Rights (IPR) systems around the world together under a common international set of rules, thus addressing problems of international piracy and IPR infringements. Costs About Ese Oraka • Ese Oraka is a Business Designer and lawyer with over twelve years post callto-bar experience. His core competencies are in the areas of Business & Intellectual Property Law, Organizational Strategy/Planning, Corporate Communications, Team Design & Team Building. • His edge is in His ability to bring diverse knowledge, skill and experience to bear on his clients strategic business objectives. He also has a passion for setting up and organizing teams with diverse skill sets and a common goal. • Ese’s networks are wide, spanning the business, regulatory, creative, financing and academic communities. He has worked as a Program Manager (JDPC), Brand Strategist (Headstart), Account Manager (DDB Lagos), Business Consultant (Onebox Solutions) and a Corporate Law/IP Consultant (Law Allianz & Chocolate City Group) • He was a fellow at the Institute for Venture Design, a collaboration between FATE Foundation and Stanford University’s Center for Design Research. He is a founding partner at Adelphi. Contact Ese Oraka Tel: +234 809 666 7106 Email: eoraka@gmail.com, ese.oraka@adelphionline.com URL: www.adelphionline.com Blog: www.insightsbyadelphi.blogspot.com Twitter: www.twitter.com/@eseoraka