Submission to the 2016 IP Video Contest is now OPEN. The deadline for video submission is 11:59 p.m. ET July 1, 2016. The IP Video Contest is sponsored and administered by the Intellectual Property Owners Education Foundation.
How to enter
Create a video (or music video) that shows why you think the patent system is important! Choose one question to answer:
- How has a recent patented invention improved the quality of your life?
- Has anyone in your family or community built a business on a patented invention? If so, how has it affected you?
- How has a patented invention created new jobs and new industries in your community?
- How has a patented invention saved or improved the quality of someone’s life, enhanced their education, improved their connectivity, etc.?
- 13-15 years-old: Two winners will each receive a $5,000 cash prize
- 16-18 years-old: Two winners will each receive a $5,000 scholarship
The Intellectual Property Owners (IPO) Education Foundation IP Video Contest is open to individuals who reside in the fifty United States, including the District of Columbia, and territories and possession of the United States, ages 13 and older. Contestants will be judged according to their age group: 13-15 years-old, 16-18 years-old, and 19 and over. There will be two winners in the 13-15 and 16-18 years-old age groups and one winner in the 19 and over age group. Entrants who are between the ages of 13 and 18 must be enrolled as full-time students in an accredited secondary, college level or trade school. Entrants enrolled in home school programs are eligible to participate. Contest is void where prohibited.
For more information, please visit Official Rules and Guidelines.
What is IP?
Intellectual Property (IP) generally refers to four separate and distinct types of intangible property – patents, trademarks, copyrights, and trade secrets. Like real and personal property, intellectual property is an asset, which can be bought, sold, licensed, exchanged, or even given away. Owners of intellectual property have the exclusive right to prevent the unauthorized use or sale of their intellectual property. Creations of the mind that are covered under intellectual property law include musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs.
Intellectual property is protected by law on a national basis, meaning that U.S. intellectual property laws only apply within the geographical boundaries of the U.S. Exclusive rights allow owners to benefit from the property they have created by providing a financial incentive for the creation of, and investment in intellectual property.
Intellectual property rights and the laws that protect them enable economic growth and job creation. Economists have estimated that two-thirds of the value of large businesses in the U.S. can be traced to intangible assets like intellectual property.
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