Misuse of Intellectual Property Rights: How to prevent it in your organisation
Intellectual property rights (“IPR”) are rights given to creators over the creations of their minds. The creator is usually given an exclusive right over the use of his/her creation for a certain period of time. In this article, we discuss the misuse of intellectual property rights and how to prevent it in your organisation.
As organisations innovate and evolve to fit the everchanging technology in their respective industries, in-house counsel must be robust in their strategies to prevent the misuse of IPR as well as to be quick on the uptake when faced with potential intellectual property (“IP”) infringement whether by the organisation or from third parties seeking to benefit from the organisation’s innovation.
We asked Yvonne Tang, an Intellectual Property Director at Drew & Napier how in-house counsel can protect their organisations from misuse of IPR and IP infringement.