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HomeLatin America IP SME Helpdesk
Ecuador IP country factsheet
Publication metadata
Intellectual Property (IP) refers to any creation, invention or sign that can be used in commerce and can generate profits for its creator, inventor or right holder. Hence, it is part of a company’s intangible assets. IP is usually divided into two branches, namely industrial property, which relates to inventions, designs or signs used in commerce; and copyrights (or ‘author’s right’, according to non-English definitions), which relate to literary, scientific, and artistic works, as well as software, music and films. Intellectual Property Rights (IPR) are exclusive rights granted by the law that allow right holders to authorise or prohibit the use or exploitation of their creations, inventions or signs by third parties. IPRs are exclusive, territorial and temporary and their term and scopes differ depending on the type of IPR as well as on the country. The importance of IPRs, therefore, lies in the possibility to generate assets for the companies based on the exploitation of the granted exclusive right and its protection against unfair competitive practices. In other words, IPRs allow SMEs to turn their intangible assets into tangible, proprietary rights that can be assigned, licensed or used as collateral to obtain financing.
- Published:
- Corporate author(s): Executive Agency for Small and Medium-sized Enterprises (European Commission)
- Themes: Patents – Protection of intellectual property , Central and south America
- Subject: administrative formalities , copyright , designation of origin , designs and models , Ecuador , intellectual property , Latin America , patent , small and medium-sized enterprises , trademark
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| ISSN | ISBN 978-92-9460-082-0 | DOI 10.2826/57823 | Catalogue number EA-03-20-460-EN-N |
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| ISSN | ISBN 978-92-9460-081-3 | DOI 10.2826/293268 | Catalogue number EA-03-20-460-EN-C |