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Intellectual Property News
Russian Intellectual Property Violations Must Be Addressed at G-8 Summit
Washington, DC— Congresswoman Watson today released a letter sent to President Bush requesting that he address Russia’s weak enforcement of intellectual property rights (IPR) at the upcoming Group of 8 Summit. The letter also urged the President to withhold his support for Russia’s entry into the World Trade Organization (WT0) until the nation takes appropriate steps to improve its IPR enforcement.
Representatives Tom Lantos (D-CA-12), Ranking Member of the House International Relations Committee, and Darrell Issa (R-CA-49) also signed the letter.
“The cost of Russian piracy in 2005 to the United States’ creative and patent community was over $1.7 billion, with losses topping $6.8 billion over the last five years,” wrote Congresswoman Watson. “We anticipate these costs would far outweigh the benefits of the liberalized trade that would come with Russia’s accession [to the WTO].” Read more at house.gov
Definition:
The Berne convention protects literary and artistic works and it was signed in Berne, Switzerland, on September 9, 1886.
Transfer of copyright ownership
Definition:
This is the act of transferring any or all of the exclusive rights comprised in a copyright from the copyright owner to another person or institution. Ownership is generally transferred through an assignment, mortgage, or exclusive license, whether or not it is limited in time or place of effect, but not including a nonexclusive license.
Assignment
Definition:
A transfer of rights in intellectual property. Transfer of anything less is considered to be a "license."
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