Intellectual property protects business names, creations and your inventions.
Intellectual property can be divided into two types:
• industrial property: covers rights that give their holders an exclusive monopoly over technical or aesthetic inventions and distinctive names and signs. It is concerned chiefly with patents for inventions, designs, industrial models, trademarks and geographical indications of origin.
• copyright and related rights – also referred to as literary and artistic rights – protect original literary and artistic works, as well as musical compositions, television broadcasts, computer programs, databases, advertising and multimedia. When registering intellectual property rights in the USA, the UK, Hong Kong or mainland China for your company or for yourself, you can rely on the services of our specialists; for further information, please get in touch via the contact form.
Building an Intellectual Property Strategy
For many businesses, the most valuable assets are not machines or buildings but ideas, brands and creative work. A recognisable name, a unique product design, proprietary software or a technical invention can set a company apart from its competitors. Protecting these assets properly is therefore an essential part of building a sustainable business.
Identify What You Own
The first step is to take stock of your intellectual property. This may include your business name and logo, product names, slogans, website content, designs, software code, technical processes and confidential know-how. Some of these are protected automatically, such as copyright in original works, while others, such as trademarks, patents and registered designs, generally require registration to give you the strongest protection.
Choose the Right Form of Protection
- Trademarks protect signs that distinguish your goods or services, such as names and logos
- Patents protect technical inventions that are new and involve an inventive step
- Designs protect the appearance of a product
- Copyright protects original literary, artistic and musical works and software
- Trade secrets and know-how can be protected through confidentiality measures and agreements
Often a single product benefits from more than one type of protection.
Think Internationally
Registered intellectual property rights are territorial, which means protection in one country does not automatically extend to others. If you sell abroad, manufacture in another country or plan to expand, consider where protection is needed. Regional and international systems can make it easier to protect rights in several countries, but they require careful planning and timing.
Ownership and Contracts
Make sure your business actually owns the intellectual property it relies on. Work created by freelancers, agencies or business partners may not automatically belong to you, so written agreements are important. Licences, assignments and confidentiality agreements all play a role in managing intellectual property effectively.
Enforcement
Protection is only valuable if you are prepared to monitor the market and act against infringement.
If you would like to protect your brand, inventions or creative work, contact eTuls. We can help you identify your intellectual property and choose the right registrations in the countries that matter to you.