Frequently Asked Questions
What is intellectual property?
Intellectual property stands for rights to products of intellectual activities in industry, science, literature and art. A person who owns intellectual property rights has the right to limit the use of the product. There are different types of intellectual property - copyright, patent, trademark, industrial design etc. The regulations regarding different intellectual properties also vary, for example the author has copyright to his writing since the moment he writes it, meanwhile the inventor has to apply for a patent to his invention.
Can all intellectual property rights be assigned and transferred?
The author of the product has the right to assign and transfer all of his intellectual property rights, except for his moral rights. The moral rights are inseparable from the author’s person and non-transferable. But in the agreement, the assignor waives of all of his moral and personality rights regarding the assigned property and agrees not to enforce those rights. Assignor also agrees to compensate all damages resulting from the breach of the agreement.