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Intellectual Property News
Russian Intellectual Property Violations Must Be Addressed at G-8 Summit
Washington, DC— Congresswoman Watson today released a letter sent to President Bush requesting that he address Russia’s weak enforcement of intellectual property rights (IPR) at the upcoming Group of 8 Summit. The letter also urged the President to withhold his support for Russia’s entry into the World Trade Organization (WT0) until the nation takes appropriate steps to improve its IPR enforcement.
Representatives Tom Lantos (D-CA-12), Ranking Member of the House International Relations Committee, and Darrell Issa (R-CA-49) also signed the letter.
“The cost of Russian piracy in 2005 to the United States’ creative and patent community was over $1.7 billion, with losses topping $6.8 billion over the last five years,” wrote Congresswoman Watson. “We anticipate these costs would far outweigh the benefits of the liberalized trade that would come with Russia’s accession [to the WTO].” Read more at house.gov
USPTO examines patent applications.
The US patent office examines patent applications to decide if the applicants are entitled to the exclusive rights.
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Definition:
A rule of claim interpretation under which a product or process, although not a literal infringement, is still an infringement if it performs substantially the same way as the patented invention.
Intellectual property
Definition:
Property refers to intangible property rights such as copyright, patents and trademarks that provide the owner with certain exclusive rights.
Prior Art
Definition:
The existing body of technological information against which an invention is judged to determine if it can be patented as being a novel and nonobvious invention.
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