Business and intellectual property rights

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This is a handy guide for the business owner on the subject of intellectual property rights relating to business. It covers useful topics such as how to protect your business from intellectual property theft to what kind of intellectual property protection is best for your business.

Trade marks

Trade marks are symbols used to aid people in recognizing your business. They can take the form of sounds, signs, pictures or jingles. Sometimes unscrupulous competitors will use a trade mark similar to yours with the intention of causing confusion among your customers, and this can have the result of diverting some of your customers to the similar business, unbeknownst to them.

Trade marks are protected under the common law in the UK. This means that you don’t have to take any steps to actively protect your trade mark from intellectual property abuse or infringement, since the law protects trade marks automatically. However, the laws that protect registered trade marks are more advantageous to the person claiming an abuse has occurred so it is always a good idea to get advice from a professional on how to register your trade mark.

Trade mark infringement can cause significant cash flow problems in businesses. While business owners can secure business funding from places like http://wongaforbusiness, sometimes recourse to the courts will be needed to protect the financial interests of a business.

Passing off

The law of passing off can offer further intellectual property rights for your business in the event that someone tries to infringe your intellectual property rights. Passing off is known as a tort under UK law and this means that where it occurs you can claim damages for any losses or damage. It happens when a competitor starts to use a similar name or identity to your business thereby creating confusion among your customer base as to who is who.

Patents

Patents are another way to protect intellectual property rights in business. Patents are special intellectual property protection that must be applied for and formally recognized. Strict criteria apply to what can and what may not be recognized as patentable, so it is a good idea to get legal advice on the subject. The most important consideration is the unique nature of the idea, concept or product to be patented. This will be checked and sufficient evidence must be submitted to support the application for a patent.

Patents often take years to be formally processed but when they are they protect you against someone else ‘stealing’ your idea and using it as their own for their own profit. Patents also allow you to extend the reach of your business, for example you can license someone else to use your idea in exchange for a commission which is protected by the patent.

Patents have their limits though. They take a long time to be registered and even when the process of registration is complete, enforcement of legal rights in connection with the patent can be difficult and costly. A patent can last for a maximum of 20 years, and so will not offer indefinite protection for your invention.

Comments: 13

  1. Leslie August 1, 2013 at 11:59 am Reply

    hey,

    I am trying to find the organization most abundant in ip teeth fillings annually.

    Please produce the origin of the information.

    Thanks!

  2. Haley August 7, 2013 at 1:07 am Reply

    Sometimes inside a jewelers as well as design my very own stuff aware of my very own materials,equipment as well as in my very own time.This was once ok.However I am now getting bad vibes in the management and that i often hear they would like to claim privileges to my jewelry.

  3. Candra August 14, 2013 at 5:22 pm Reply

    I am a new comer to this and merely doing a little shopping around. How do i safeguard my idea within the Application Store? I understand that any submission mustn’t violate the ip privileges of others, however, this business idea can’t be copyrighted. Every advice or recommendations could be greatly appreciated, thanks.

  4. Sina November 8, 2013 at 3:49 am Reply

    Print right ,copyright ,ip right etc.

  5. Gilbert November 19, 2013 at 4:59 pm Reply

    I’ve lately began, things i see like a unique internet business. Since I had little money I possibly could not purchase ip right etc. Inside a couple of several weeks of beginning my company I’ve discovered someone else has additionally began a really similar business.

    I’ve checked to locate once the website was registered and that i have discovered the domain title was registered inside a month of advertising my company! How do you find particulars from the owner, apart from WHOIS? And just what can one do about this?

  6. Joline November 28, 2013 at 7:47 pm Reply

    To date here’s what I acquired, let us bare this real.

    – Cheap labor

    – Poor rules

    – Strong ip privileges

    – Low taxes (<10%)
    – off shore banking

    What else?

  7. Kurtis December 9, 2013 at 4:31 pm Reply

    Through thorough disrespect of ip privileges…patents, trademarks copyrights?

    Last I checked, neither China nor the united states are thought races.

    Bsherman-China may be the Victim of Taiwanese Imperialism?

    In the end that effort of striving 1400 missiles at Taipei and today it’s found that.

    Do you consider they’d impose their foreign values such as the tradititional hanzi around the Chinese? That will almost be genocide.

    Just how much do individuals Laogai’s make?

  8. Chang December 15, 2013 at 4:52 am Reply

    My first publish here goes…Essentially i’m in the very initial phases of setting up an electronic record label to market my tunes online. Should i register a Ltd Company? do you know the pro’s con’s? How do you see if my Label title is taken…That do i register it with? I’ve spoken with United kingdom Ip Office regarding TM’ing my logo design and title. Has anybody carried this out that may point me within the right direction. Thank you. RS

  9. Erica March 3, 2014 at 10:38 am Reply

    what exactly are some worldwide companies who’re getting issues

  10. Lanie May 5, 2014 at 8:24 pm Reply

    What’s an ip right, and explain which of them are most relevant to the introduction of a brand new prescription medication???? #Pharmaceutical industry Q

    i want this to have an essay, could someone please help me?

    thanks

  11. Arnold May 28, 2014 at 7:46 am Reply

    I own a pizza shop that has been around since 1973 and I’m interested in franchising it. I wanted to know how difficult this would be and the pros and cons.

  12. Alexis June 8, 2014 at 8:32 pm Reply

    I’m likely to create a software in India. I did previously formerly work for the same kind of company. I’ll be developing the machine on your own using my very own coding and style. Will these employer have the ability to sue me for ip privileges?

    I’ll be creating a similar kind of program from these employer, however with different design featuring. Feel and look and also the coding is going to be entirely different, but serving exactly the same kind of reason for these company. I won’t be operating and conducting business within their country either. Will this modify the IP privileges of these employer?

    Any help could be much appreciated.

    Thanks

  13. Jackson June 16, 2014 at 12:58 am Reply

    Today, the federal government has made the decision to grab Viacom’s ip privileges away if this lost a big fight against enabler YouTube encouraging regular people to upload countless videos that infringe ip. So, just how can anyone or business safeguard its ip on the web? This complete situation infuriates and disgusts me.

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