RESEARCH ETHICS
INTELLECTUAL PROPERTY RIGHTS AND PATENT LAW
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
A tangible asset
|
|
|
An intangible asset
|
|
|
Not capable of having an owner
|
|
|
Owned by all people in a society
|
Detailed explanation-1: -An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets.
Detailed explanation-2: -Intellectual property is not tangible but refers to creations of the human mind that have commercial value and are protected by law. Examples of intellectual property include patents, trademarks, copyrights, trade secrets, industrial designs, geographical indications, and plant varieties.
Detailed explanation-3: -Intellectual property refers to patents, trade secrets, copyrights, trademarks/trade dress. See Table 1 for an overview of the IP regimes. Intangible assets refer to the broader class of intangibles that are specified in a contract between the contracting parties.