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Legal aspects of intellectual property rights protection in business activities

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Sakharuk Anatolii
Sakharuk Anatolii
Lawyer
Ukraine / Kyiv

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Reading time: 6 minutes Total views: 56
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Publication date: 08.06.2024

Legal aspects of intellectual property rights protection in business activities

 

Introduction

 

Intellectual property (IP) is an important asset for any enterprise, especially in today's world where innovation and creative solutions play a key role in business strategies. The protection of intellectual property rights in business activities is becoming increasingly important, as violations of these rights can lead to significant financial losses and loss of competitive advantage. In this article, we will analyze the main legal aspects of intellectual property rights protection in Ukraine, problems and prospects for development.

 

Legal framework

 

The Civil Code of Ukraine:

  • Title IV of the Civil Code regulates intellectual property issues, including rights to copyright and related rights, rights to industrial property (patents, trademarks, utility models, industrial designs, etc.).

 

The Law of Ukraine "On Copyright and Related Rights":

  • Defines the legal basis for the protection of the rights of authors and other copyright holders to literary, artistic, musical works and other copyrighted objects.

 

The Law of Ukraine "On Protection of Rights to Inventions and Utility Models":

  • Regulates the protection of rights to inventions and utility models, the procedure for their registration and protection.

 

The Law of Ukraine "On Protection of Rights to Trademarks and Service Marks":

  • Defines the legal regime of trademark protection, the procedure for their registration and protection of owners' rights.

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The main ways to protect intellectual property rights

 

Registration of rights:

  • The registration of intellectual property (patents, trademarks, copyrights) is the primary step in ensuring their legal protection. Registration provides legal protection and the possibility of bringing infringers to justice.

 

Contractual mechanisms:

  • Use of license agreements, assignment agreements, franchise agreements, etc. It is important that these agreements are properly executed and contain all the necessary provisions to protect IP rights.

 

Judicial defense:

  • IP rights holders can go to court to protect their rights in case of infringement. The court may order the cessation of the infringement, compensation for damages, seizure and destruction of counterfeit products, etc.

 

Customs control:

  • IP rights holders may apply to the customs authorities with a request to take measures to detain goods infringing intellectual property rights during their import or export.

 

Typical problems

 

Counterfeit products:

  • The problem of counterfeiting is one of the most pressing in the field of intellectual property protection. Counterfeit goods not only cause financial losses but can also be dangerous to consumers.

 

Lack of legal awareness:

  • Many companies do not pay sufficient attention to protecting their IP rights, which leads to risks of losing competitive advantages and financial losses.

 

The complexity of court procedures:

  • Court procedures for enforcing IP rights can be lengthy and costly, making access to justice difficult, especially for small and medium-sized enterprises.
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