[Script Info]
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[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.12,0:00:05.04,Default,,0000,0000,0000,,[MUSIC]
Dialogue: 0,0:00:05.08,0:00:07.32,Default,,0000,0000,0000,,Intellectual property or IP
Dialogue: 0,0:00:07.52,0:00:09.04,Default,,0000,0000,0000,,refers to something a person has
Dialogue: 0,0:00:09.08,0:00:10.80,Default,,0000,0000,0000,,either thought of or created.
Dialogue: 0,0:00:11.16,0:00:13.68,Default,,0000,0000,0000,,Some examples of IP include designs,
Dialogue: 0,0:00:13.80,0:00:17.52,Default,,0000,0000,0000,,processes, songs, logos, discoveries,
Dialogue: 0,0:00:17.84,0:00:19.44,Default,,0000,0000,0000,,symbols, and even brand-new
Dialogue: 0,0:00:19.48,0:00:20.68,Default,,0000,0000,0000,,varieties of plants.
Dialogue: 0,0:00:21.12,0:00:22.88,Default,,0000,0000,0000,,IP belongs to the person who thought
Dialogue: 0,0:00:22.92,0:00:25.04,Default,,0000,0000,0000,,it up or put the work into creating it.
Dialogue: 0,0:00:25.56,0:00:27.32,Default,,0000,0000,0000,,They get to decide who makes it,
Dialogue: 0,0:00:27.52,0:00:28.68,Default,,0000,0000,0000,,how and where it's used,
Dialogue: 0,0:00:28.76,0:00:30.56,Default,,0000,0000,0000,,and who can sell and profit from it.
Dialogue: 0,0:00:31.24,0:00:32.96,Default,,0000,0000,0000,,But how can thinkers and creators keep
Dialogue: 0,0:00:33.00,0:00:35.36,Default,,0000,0000,0000,,their IP safe from misuse by others?
Dialogue: 0,0:00:35.56,0:00:37.32,Default,,0000,0000,0000,,After all, in a digital world,
Dialogue: 0,0:00:37.40,0:00:39.88,Default,,0000,0000,0000,,it's easy to copy an idea or a design.
Dialogue: 0,0:00:40.36,0:00:41.100,Default,,0000,0000,0000,,Luckily, there are laws in place
Dialogue: 0,0:00:42.04,0:00:43.92,Default,,0000,0000,0000,,to protect IP once a person
Dialogue: 0,0:00:43.96,0:00:45.56,Default,,0000,0000,0000,,is ready to go public with it.
Dialogue: 0,0:00:45.84,0:00:46.68,Default,,0000,0000,0000,,There are four major
Dialogue: 0,0:00:46.72,0:00:48.20,Default,,0000,0000,0000,,paths to legal protection.
Dialogue: 0,0:00:48.64,0:00:49.92,Default,,0000,0000,0000,,Applying for a patent.
Dialogue: 0,0:00:50.48,0:00:52.60,Default,,0000,0000,0000,,Patents cover things like inventions,
Dialogue: 0,0:00:52.72,0:00:54.64,Default,,0000,0000,0000,,new processes, new machines,
Dialogue: 0,0:00:54.84,0:00:56.80,Default,,0000,0000,0000,,and new ways of manufacturing things.
Dialogue: 0,0:00:57.48,0:00:58.92,Default,,0000,0000,0000,,Applying for a copyright.
Dialogue: 0,0:00:59.40,0:01:02.40,Default,,0000,0000,0000,,Copyrights protect works like art, music,
Dialogue: 0,0:01:02.72,0:01:05.52,Default,,0000,0000,0000,,writings, movies, and even software.
Dialogue: 0,0:01:06.16,0:01:08.20,Default,,0000,0000,0000,,Using a trademark to cover unique branding
Dialogue: 0,0:01:08.24,0:01:10.44,Default,,0000,0000,0000,,and identifiers, like business names,
Dialogue: 0,0:01:10.72,0:01:13.52,Default,,0000,0000,0000,,logos, slogans, mascots, and more.
Dialogue: 0,0:01:14.36,0:01:15.92,Default,,0000,0000,0000,,Keeping something secret.
Dialogue: 0,0:01:16.32,0:01:18.16,Default,,0000,0000,0000,,Trade secrets make sure that things like
Dialogue: 0,0:01:18.20,0:01:20.40,Default,,0000,0000,0000,,manufacturing processes, formulas,
Dialogue: 0,0:01:20.52,0:01:22.12,Default,,0000,0000,0000,,and compilations of information
Dialogue: 0,0:01:22.40,0:01:24.12,Default,,0000,0000,0000,,never make it into the wrong hands.
Dialogue: 0,0:01:24.72,0:01:26.72,Default,,0000,0000,0000,,Getting these protections in place may
Dialogue: 0,0:01:26.80,0:01:29.12,Default,,0000,0000,0000,,seem difficult or time-consuming at first,
Dialogue: 0,0:01:29.40,0:01:31.20,Default,,0000,0000,0000,,but protecting yourself is well worth
Dialogue: 0,0:01:31.24,0:01:32.72,Default,,0000,0000,0000,,the time and effort, and it's
Dialogue: 0,0:01:32.76,0:01:34.12,Default,,0000,0000,0000,,not as hard as you may think.
Dialogue: 0,0:01:34.36,0:01:36.04,Default,,0000,0000,0000,,This is where Technology Transfer,
Dialogue: 0,0:01:36.16,0:01:37.40,Default,,0000,0000,0000,,or T2 comes in.
Dialogue: 0,0:01:37.76,0:01:40.48,Default,,0000,0000,0000,,T2 helps negotiate the use, sharing,
Dialogue: 0,0:01:40.52,0:01:41.72,Default,,0000,0000,0000,,and assigning of IP,
Dialogue: 0,0:01:41.92,0:01:43.76,Default,,0000,0000,0000,,so that companies and individuals can use
Dialogue: 0,0:01:43.80,0:01:44.96,Default,,0000,0000,0000,,government technology,
Dialogue: 0,0:01:45.20,0:01:47.04,Default,,0000,0000,0000,,or a joint project between the government
Dialogue: 0,0:01:47.08,0:01:48.96,Default,,0000,0000,0000,,and private sector can take place.
Dialogue: 0,0:01:49.52,0:01:52.48,Default,,0000,0000,0000,,T2 can make it easy to license a patent or
Dialogue: 0,0:01:52.52,0:01:54.92,Default,,0000,0000,0000,,share confidential information so both
Dialogue: 0,0:01:54.96,0:01:56.56,Default,,0000,0000,0000,,parties can help each other solve
Dialogue: 0,0:01:56.60,0:01:58.80,Default,,0000,0000,0000,,problems or create new products. [MUSIC]