Common forms of intellectual property
Intellectual property refers to innovations and creations of the mind. These innovations include creative works, scholarly works, inventions, marks, names, and patterns that are used in business and trade. Intellectual property is protected by a broad range of laws that are in existence internationally, regionally, nationally, and locally. Law exists for trademarks, patents, service marks, copyright, trade secrets, and much more.
A patent can be defined as a right granted for a particular invention. It can be a method or a product. It can be regarded as a new way of carrying out something. A patent can also propose a new unique solution to an existing problem. To acquire a patent, you are required to reveal methodological information about your invention to the public. This is necessary during patent application. However, process of getting a patent is quite complicated. After you understand the procedure and the applicable laws, you can go ahead and apply for the patent. Remember that this is a complicated process. Thus, it is advisable to hire an attorney that specializes in this particular area.
Copyright can be defined as an economic right given to creators of artistic and literary works. Some of the creations, which are covered by copyright law include books, paintings, music, computer programs, maps, advertisements, technical drawings, sculpture, and much more. Unlike patents, the process of applying for a copyright is quite easy. You should visit the nearest copyright office to find more information about application procedure and fees.
A trademark can be defined as a sign that distinguishes between services or goods of a given company from those of other businesses. All trademarks are protected by the intellectual property laws. You can obtain trademark protection through registration. In this case, you are required to complete application for registration at the trademark office and then paying the appropriate fees.
This is a mark, which distinguishes services. In this case, companies use service marks to differentiate their services from what is provided by other players in the same area. They consist of words, symbols, and letters that notify customers about the source or origin of a given service.
A trade secret is information, including a pattern, compilation, method, technique, process, or formula that results in an economic value. The secrets can be impending or tangible and can be noticed by individuals that can get money from their use or revelation.