Intellectual Property Rights

King Khalid Foundation holds various types of intellectual property, including but not limited to patents, copyrights, trademarks, designs, specifications, concepts, and databases. These intellectual properties are protected under Saudi Arabia’s intellectual property laws.

Intellectual Property Policy

The Intellectual Property Policy of King Khalid Foundation aims to take all protective measures for intellectual property rights developed within the organization, promoting creativity and innovation while respecting external intellectual property rights. The policy is aligned with applicable laws, regulations, and treaties in Saudi Arabia.

Intellectual Property Definitions

• Invention: A new technical solution, which may include patents granted to protect innovations.
• Author: The individual who created an intellectual work, such as literary, artistic, or scientific works.
• Copyright: The set of rights granted to authors for their works, encompassing both moral and material interests.
• Trademark: Any distinctive sign used to distinguish goods or services, including names, symbols, logos, or even sounds and scents.

Trade Secrets

• Not generally known to those in the relevant field.
• Has commercial value due to its secrecy.
• Protected by reasonable measures from the rightful owner.

Policy Objectives

• Promote innovation and intellectual property-based economic growth.
• Raise awareness of national intellectual property laws.
• Protect the foundation’s intellectual property and avoid unintentional infringement.

Scope of the Policy

The policy applies to all intellectual property matters within King Khalid Foundation, covering patents, copyrights, trademarks, and more. It extends to all staff, consultants, and partners of the organization.

Intellectual Property Management

• The foundation may assign intellectual property management to a specific office or committee, which oversees policy implementation, documentation, and protection of rights.
• The office is also responsible for ensuring compliance with agreements related to intellectual property, such as non-disclosure agreements, research contracts, and collaborations.
• Any intellectual property created or developed will be marketed and protected as per the foundation’s policies.

Disclosure Policy

The foundation requires full disclosure of intellectual property by staff within a specified timeframe. All disclosed information is documented, classified, and kept confidential.

Evaluation and Action

King Khalid Foundation evaluates disclosed intellectual property professionally within a set period and communicates the results to the discloser, following up with appropriate action based on mutual agreement.