Yes, an unregistered trademark can be licensed in Greece.
Intellectual property services act as a shield that protects the creation and contribution of the human mind. Being creative is not an easy task as it requires diverse aspects which are to be taken into consideration. Be it a writer, a designer or a singer, every artist has one’s originality and they display it in their work. The creations of these artists need to be protected from getting plagiarized. Intellectual property helps in protecting the original inventions delivered by such artists.
Intellectual Property (IP) refers to the trademarks, trade secrets, patents, copyrights, logos, inventions of a company. The owners of these IP hold the right to make any kinds of alterations to it. It is essential so the creations aren’t misused or replicated unauthorizedly by any other person or organization. Holding an IP is an asset to any organization.
Greece is a member of the European Union (EU) and the World Intellectual Property Organization (WIPO). It also possesses an international membership with signatory to the Paris Convention, Trade-Related Aspects of Intellectual Property Rights (TRIPS). Despite being a member of the EU, it does share its IPs with the Union. The country prospects the IPs of the companies incorporated here via the following instruments.
Patents are applicable for all the technological areas; trade secrets are protected for a duration of 20 years. To initiate this protection, an international agreement of the Patent Cooperative Treaty (PCT) is to be signed.
Trademarks that includes company seal, logo, etc. and are protected for a duration of 20-25 years in Greece. It is done by entering into an agreement with the Trademark Law Treaty Protocol, to be concerned for International Registration of Marks.
Copyright, an exclusive right given to the creator for his creation, holds a validation as IP for a period of 70 years after the author’s death. Such rights are formed by signing multiple international agreements.
Registered designs hold a protection right for a period of 5 years and an option of renewal at a later date.
A company holding intellectual property as an asset avails the following benefits:
The IP licenses available in Greece are of 6 types:
The recent developments in IP focus on trademarks. Directive (EU) 2015/2436 has been replaced by Directive 2008/95/EC. The new law is to be implemented by 14th Jan 2019. Most notable changes include:
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