Intellectual property (IP) is a term which refers to the ownership of an intangible thing - the innovative idea behind new technology, products, processes, designs or plant varieties, and other intangible things such as trade secrets, goodwill and trade marks. Although intangible, the law recognises intellectual...
When a new product or process is developed it is essential to consider intellectual property protection before details are published. With few exceptions, valid patent or design protection cannot be obtained if there has been publication of an innovation before an application for protection has been filed at the Intellectual...
Many businesses owe their success to the fact they recognised and established ownership of a particular innovation early. More commonly, businesses that develop new or improved products initially fail to appreciate the value of applying early for a patent, trade mark or registered design. The protection of, or even the mere...
The transfer of ownership in intellectual property is usually effected by a formal assignment. The whole, or part, of an intellectual property right can be assigned. Where the intellectual property right is registered, the new owner should record the change of ownership on the appropriate Patent, Design, or Trade...
Imported stock may be unsaleable in New Zealand if it infringes intellectual property rights here. The Customs Department has the authority to search incoming goods and seize those infringing the intellectual property rights of others. The cost to the importer of this type of seizure is...
Intellectual property rights may be protected overseas. With three notable exceptions, there is no such thing as a "world" patent, trade mark or design registration. Registered protection for intellectual property must be obtained in each country separately, so it is important that those seeking protection have...
The New Zealand Government recognises that the country’s future economic growth is dependent on a thriving innovation ecosystem and the creation of world-class businesses built on solid intellectual property assets. Set out below is an overview of sources of funding available to support businesses with their...
Patent attorneys specialise in the creation and protection of intellectual property rights and usually have a background in science or engineering. They are the only professionals legally entitled to draft patent specifications on behalf of others. To be registered an attorney must have had at least three years experience...