Patents provide legal protection against those who wish to steal ideas or products. Many believe that the value of a product is directly tied to the willingness to aggressively protect their products and services against infringement.
Licensing your intellectual property can be a huge money-maker—if it is done correctly. The process is not as simple as many entrepreneurs anticipate. Even the most innovative product or process can flop if it is not licensed correctly. The world of intellectual property and licensing is wide and complex, and making a misstep could be unthinkably costly.
Protecting your intellectual property can be brutal. In our competitive global market, it seems that copycats are popping up everywhere. All too often, entrepreneurs find that another business has copied their carefully-guarded intellectual property or trade secrets. Taking out a patent or copyright can help safeguard against infringement and theft, but the legal battle involved is often long and costly.
You are ready to create a trademark for your business, and you want it to be excellent. After all, your trademark is how your business will be recognized not only by your industry, but by consumers throughout the country. A memorable, eye-catching trademark can help you stand out in a crowd, and entrepreneurs know that this can be the difference between success and failure.
Intellectual property is no longer just for the tech industry. Indeed, intellectual property has become a crucial cornerstone for businesses in different industries all around the world.
Amazon’s acquisition of Whole Foods Market sent shockwaves through the business world and sent notice to America’s largest retailers that online retailers will develop strategic partnerships to take market share from brick and mortar retailers. It set off months of speculation as to whether Wal-Mart or Target would make a similar acquisition.
In the shadow of a recent, landmark Supreme Court ruling, an African-American entrepreneur consultant has applied to trademark an epithet that creates instant controversy.
A 2009 tweet from LeVar Burton gave fans of Reading Rainbow a glimmer of hope. The star of “Roots” and “Star Trek: The Next Generation” announced a revival of the popular show that encouraged people to read in every episode that aired from 1983 to 2006.
Previously, we began looking at some of the general differences between patents, trademarks and copyrights. As we noted, these differences lie not only in the fact that these protections apply to different types of intellectual property, but also in the types of protection available under both state and federal law.
For many people, trademark, patent and copyright protection are something of a mystery beyond the general idea that they indicate different types of intellectual property protection. For those who don’t understand the ins and outs of intellectual property law, exactly what these protections do, and how they are created, is not often accurately understood.