Intellectual Property

As you may expect, you are legally entitled to ownership rights over any “creation of the mind” that you generate. Under intellectual property law, you are granted sole possession rights for a certain, predefined period of time. Depending on the type of intellectual property in question, this length of time may vary.

There are three main types of protection you can obtain for your property: patents, copyrights, and trademarks. A fourth type of intellectual property, known as a trade secret, is not granted security by law but rather is kept undisclosed by the owner through his or her own means.

Patent It Yourself, 13th Edition

What if that you’ve come up with a really nifty idea for a gadget that would improve the lives of everyone and probably turn you into a billionaire! In that case, you’ll need this extremely detailed and comprehensive guide to the process of getting a patent. It is a bit of a read, but it does have everything you need to know, including a lot of things you probably don’t realise that you actually need to know. It is very detailed, with examples of forms you need, addresses and marketing advice. This is the guide to navigate this complex process from the starting line through to multi-millionaire! The world’s bestselling guide to patenting your idea.

Before the government gives you patent rights to your invention, you must first provide several claims indicating that your creation is both new and useful. Once you have done so, you will be given exclusive ownership rights that will be in effect for, on average, 20 years. Once the patent expires, others will be given access to your invention and therefore gain the opportunity to develop it further.

The Invisible Edge: Taking Your Strategy to the Next Level Using Intellectual Property

For entrepreneurs knowing how to turn intellectual property into an indispensable source of competitive advantage has often proved to be the key for business success. The authors Blaxill and Eckardt have consulted for companies that work well, are full of hard workers and competent managers – yet they are barely able to make a profit. Conversely, they also have worked in undisciplined, totally mis-managed firms that consistently generate massive profit margins. The key to sustainable profits – effectively harnessing the firm’s intellectual property. This book is about turning those intangible IP assets into an unbeatable competitive advantage. With the good IP and the the correct strategies, companies achieve premium prices, grow market share, realise lower costs, and can generate income directly from the IP itself. Do you want this? The authors teach a new way for businesses to identify their invisible assets, analyze them, and build a real business around them.

Trademarks

Trademarks are signs, symbols, designs, mottos, logos, or slogans that distinguish a company or business entity. These telltale marks allow consumers to immediately determine who is marketing a certain product. Trademarks can be established either through formal registration or through simple use of the sign in the public marketplace. However, to gain full protection of the trademark, one should register it with the trademarks office.

You can renew the protection period of your trademark once it expires. This allows you to have indefinite protection of the symbol or saying, if you so choose

Resource Author Francisco Rodriguez Higueras
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