Friday, October 14 2022   \  Published by AM Badar.

Who Owns IP in Companies?

Who Owns IP in Companies?

Intellectual Property (IP) has become an important part of companies. Patent protection is a "friend" for technology companies that innovate; Copyright has also become crucial for companies, especially ones that produce designs and content. Or the most fundamental example: the brand of a company must also be protected because it consists of all Intellectual Property that is protected.

The Brand is clearly owned by the company, but what about Copyrights and Patents? Do creators hold Copyright and Patents? Or does the company?

Copyright

In Article 1 paragraph 1 of Law number 28 of 2014 on Copyright is an exclusive right of the author vested automatically on the basis of declaratory principle after Works are embodied in a tangible form without reducing by virtue of restrictions in accordance with the provisions of laws and regulations.

What is an Author, a work, and Copyright Owner?

An author is a person or persons who individually or jointly produce works that is unique and personal. Works is any copyrighted work in the fields of science, art, and literature that is produced based on inspiration, ability, thought, imagination, dexterity, skill, or expertise that is expressed in a tangible form. Copyright Owner means an Author as the Copyright owner, the party acquiring a lawful right from the Author, or other parties who acquire subsequent rights from the party such acquiring lawful rights. Read more

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