Kamil Idris is a Sudanese statesman, politician, and a civil servant. He was born on 26th August 1954. He recently published an article on the intellectual property.
Kamil Idris insights on Intellectual property
There exist four major types of intellectual properties; patents, copyrights, trademarks, and trade secrets. These are laws that are drafted and amended by the government to enable individuals or businesses that have invented something to have the rights to use them.
These laws are essential since they promote growth and development. Moreover, they encourage entrepreneurs to be innovative in creating new products, services, content, songs, among others. Without these laws, you will see another business in a commercial advertisement advertising the same product.
Intellectual property was the key cause of the ongoing trade war between China and the United States. Experts suggest that intellectual property laws are so important such that they cannot just fade in one day since they will continue to play a fundamental role in brand innovations. In today’s world, the intellectual property serves an important purpose. According to Kamil Idris, with the innovation and advancement of the internet, intellectual property laws are crucial due to the increase in internet advancements.
For instance, the Unified Patent Court (UPC) is a government agency that operates under the European Union to protect patients. Patents do not represent all intellectual properties. Businesses only fill them. Business individuals are required to file patents to protect your idea from being used by another competitor. This is important in European commerce.
The European Patent Office is responsible for overseeing that all patent laws are followed in a necessary way. For such reasons, the European Union formed the Patent courts that are situated in Germany shifting from Spain. The intellectual property is very fundamental such that the World’s Intellectual property Organization has a World Intellectual Property Day to make the importance of intellectual properties known to individuals. This is a self-funded agency under the united nation. Currently, it has 191 members. The European Union Trade Secrets Directive was formed in 2016 in conjunction with European Council and European Parliament to deal with the intellectual property.