In this era, a company’s intellectual property (IP) is often one of the keys to its success. It’s imperative that all of the unique ideas and products that help the company thrive are protected in the most effective manner possible — and that includes making use of all available legal methods.
In the United States, there are several ways that business owners can protect the intellectual property that’s important to their company. Patents, trademarks, and copyrights are probably the three most important — and some of the first things that business owners need to understand. They serve as the foundation on which you can build your knowledge when it comes to IP protection.
Never overlook the basics when protecting your IP
What are the basics of patents, trademarks and copyrights?
Patents are registered for new inventions so the designs for the products or processes are protected. A trademark protects the identifying emblem or other properties for a company’s logo or similar items that promote a brand. Other companies can’t use trademarks in a way that will make the public confused about which company they are using.
Companies and individuals who produce entertainment, art, software programs, music and similar original creative works have the protection of copyright law. This enables the owner of the work to take legal action if it’s used without their permission. While copyright exists from the moment an original work is created, formal copyright. protection can help better protect someone’s investment and rights.
What if someone infringes on your intellectual property rights?
Protecting your trademarks, copyrights and patents can be difficult — but you cannot afford to relax your guard. Take the necessary steps to make sure that your IP is secure.