Intellectual Property Law, Intellectual Property Patent, Business Patent Ideas
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Do you know what your Business Intellectual Property is? Intellectual Property Patent?
Business Intellectual Property or Intellectual Property (IP) represents the product of
your mind or intellect. It can be an invention, Business Copyright, Business Patent,
Business Trade Mark, original design or the practical application of a good idea.
These Intellectual Property Rights are very valuable assets that can distinguish
your business from your competition, making your products and services unique and
attractive to your customers. Other intangible assets such as business names, domain
names, employees' specialist knowledge and customer lists may also be discussed.
These and other intangible assets are often the building blocks of new business
and form key parts of your ultimate business plan.
Searching for Intellectual Property Law, you are obviously using a
Business
Accounting Software
of some kind for your business. But is it performing
well for you? If you are not satisfied with your Business Accounting Software
performance and functionality, check out our website, our
ShopMate Business Accounting
Software
just may do the job for your business.
You may also brush up and read on Accountancy Theories...
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Here is some information on your Business Intellectual Property or
Intellectual
Property
of your intended business. We will try to put you on the right path
to understanding your Business Intellectual Property. So read these guidelines
carefully and see if you can get your mind right way to better your business idea.
This Business Intellectual Property checklist covers some issues. Consider
the issues on this page whether you're in the beginning stage of starting a business
or you already own a business. Once you have determined that you are ready and able
to take on identified viable business opportunities or you already run a business,
there are few practical things you need to know right at the start about the
Intellectual
Property Law
of your business.
When prospective customers had a business or had it on their mind, traditionally,
Softhard Solutions was able to provide them
with accounting software (often also hardware) to run their business the way they
do the business.
There were, at many times, Softhard Solutions' customers who did not quite
have a clear picture of the Intellectual Property of their business.
This page and following pages are dedicated to people wanting to know the
Business
Intellectual Property
of their business. Its all tips and 'need to know'
about a Intellectual Property Law and what to do before a beginning.
What is Intellectual Property of your Business
Publishers and lawyers like to describe copyright as “Intellectual Property” — a term that also includes patents, trade marks, and other more obscure areas of Intellectual Property Law. These Intellectual Property Laws have so little in common, and differ so much, that it is ill-advised to generalize about them. It is best to talk specifically about “Business Copyright”, or about “Business Patent”, or about “Business Trade Mark”.
Intellectual Property (IP) represents the product of your mind or intellect. It can be an invention, trade mark, original design or the practical application of a good idea. These rights are very valuable assets that can distinguish your business from your competition, making your products and services unique and attractive to your customers. IP rights are different and separate to property rights that exist in the physical product itself. For example, a person may own a book but may not own the copyright (e.g. the rights to reproduce, adapt or publish) in the text, drawings or tables contained in the book.
Other intangible assets such as business names, domain names, employees' specialist knowledge and customer lists may also be discussed. These and other intangible assets are often the building blocks of new business and form key parts of your ultimate business plan. If the plan is a good one, these assets could become more valuable. So from the start, be aware of the importance of your Intellectual Property assets and ensure they are well protected and managed.
Business Copyright
Business Copyright protects the original expression of ideas, not the ideas
themselves. Includes protection for original works of art, literature, music, films,
broadcasts and computer programs from unauthorized copying.
Business Copyright is a type of property that is founded on a person's creative
skill and labour. It is designed to prevent the unauthorized use by others of a
work, that is, the original form in which an idea or information has been expressed
by the creator.
Read more on Business Copyright...
Business Trade Mark
Business Trade Mark are 'signs' used commercially to distinguish the goods
and services of one trader from those of another. These 'signs' can be a word, phrase,
picture, logo, letter, numeral, shape, colour, sound, scent or aspect of packaging.
Registration of the trade mark gives the owner the legal right to use or control
the use of the mark for the goods or services for which it is registered.
The difference between Business Trade Mark, business, company and domain
names sometimes causes confusion. Registration of a business, company or domain
name does not in itself give you any proprietary rights - only a
Business Trade
Mark
can give you that kind of protection.
Read more on Business Trade Mark...
Business Patent
Business Patent is a right granted for any device, substance, method or process
which is new, inventive and useful. A Business Patent is legally enforceable
and gives the owner the exclusive right to commercially exploit the invention for
the life of the Business Patent.
You have to apply for a patent in order to protect your invention, as it isn't automatically
protected. All applications for patents are examined to ensure they meet the necessary
legal requirements for granting a patent.
Read more on Business Patent...
Business Design
Business Designs protect the shape, configuration, pattern or ornamentation of products. To be registrable, a design must be new and distinctive. Registration of a design gives the owner protection for the visual appearance of the product but not the feel of the product, what it is made from or how it works.
Plant Breeder's Rights
Plant Breeder's Rights protect new varieties of plants. The owner has exclusive
commercial rights to market the registered variety.
Plant Breeder's Rights (PBR) are exclusive commercial rights to a registered
variety of plant. Varieties protected by PBR may only be produced for sale, sold,
imported, exported or conditioned with the authority of the owner.
If you are the original breeder of a new variety of plant, or have acquired ownership
rights from the original breeder, then you can apply for Plant Breeder's Rights.
Please note that only new or recently exploited varieties can be registered. Apply
for the rights using application forms available from the PBR Office.
Confidential Information
Means information of a truly confidential nature which has been kept secret. It
includes trade secrets and other information such as manufacturing specifications,
business and marketing plans, client lists and product information not disclosed
to the public or third parties. Can be protected by confidentiality agreements with
third parties.
Common law protects you from people stealing your trade secrets, breaching confidentiality
agreements and passing off trade marks. Make sure you back up your trade secret
with a signed confidentiality agreement with every person who has knowledge of the
secret.
A confidentiality agreement can stop your employees from revealing your secret or
proprietary knowledge during and after their employment or association with your
business.
Know-How
Refers to the application of tried and tested techniques or processes to new situations.
Business Tips
Some tips on how to avoid business failure:
-
Don't underestimate the capital you need to start up the business.
-
Understand and keep control of your finances - income earned is not the same as
cash in hand.
-
More volume does not automatically mean more profit - you need to get your pricing
right.
- Make sure you have good software for your business , software that provides you with a good reporting picture of all aspects of your business operations.
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