Manage your Intellectual Property in Latin America

IP Glossary

Term description:

Document certifying that a IPR has been granted. 

Term description:

Planned investigation which purpose is the creation of new knowledge and a greater understanding in the fields of science and technology.

Term description:

Creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge related to humans culture and society, and the use of this stock of knowledge to devise new applications.

Term description:

Whenever a person from one of the countries party to the Paris Convention files a national application for an IP right (except for Copyright) in any of the 176 signatory countries, the date on which the first application was filed is established as the date of priority, provided that it has been requested within twelve months of the first application.

Term description:

A payment made from who wish to make use of an IPR, specially in Patents, copyrighted works, franchises or natural resources, to the legal owner of those rights. In most cases, royalties are designed to compensate the owner for the assets and are legally binding.

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