Importance of Intellectual Property Patents Design rights and Trademark
February 21, 2016
Leslie D. Varner (30 articles)
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Importance of Intellectual Property Patents Design rights and Trademark

The intellectual property is a collective term that defines essential rights which are important for protecting an individual’s ideas, original work, invention, skills or efforts made against imitation or copying. There are various elements of intellectual property and they are

  • Copyright
  • Confidential information
  • Registered Designs
  • Patents
  • Service and trade marks

Any business, even just a small startup should go for intellectual property patent design rights and trademark suggestions and take all the steps that are vital for protecting it. As, lack of precautionary steps can leave adverse effects on your business.

The 6 Forms of Intellectual Property

As mentioned before, there are six different type of intellectual property, let’s know more about them in detail

Copyright

Copyright is a basic right that is governed by the Copyrights, Designs and Patents Act 1988 in UK. This act protects original music, drama, literary or artistic works, and sound recordings, cable programs and films too. There are innumerable clause of this act, that indicate that the anyone who has produced an original work stands to be the owner of that work, and further this work cannot be copied, sold, or altered by another entity. Doing so is a punishable offence under the Act of 1988.

Confidential Information

Almost every business produces some sort of information that should remain confidential, any disclosure of such information can affect the company dramatically. Examples of these information are customer lists and price lists too. This is the reason why business should go for necessary steps that would protect the confidential information of their company.

For doing this, the company can adopt a well structure security policy along with 100% effective measures for data security. Other than that, it is equally important to make sure that the data is classified in an appropriate manner, where the employees should be aware of each form of category and how it functions

Registered Designs

The appeal of any form of article can be protected by registering the same at the Patent’s Office in UK. This would protect the

  • pattern
  • Ornament
  • Shape

Giving you the exclusive right to sell and create the type of article that you have made. However, you should not disclose the design to anyone except while filing an application at the Patents office.

Patents

The patents are designed for protecting inventions. With this the owner has the right to use the invention that they had created exclusively for  a maximum of 20 years. However, important thing is that the invention should provide industrial application and be a new and extraordinary concept that is beyond the ordinary skills of the employees.

Service and Trade Marks

The last and valuable aspect is service and trademarks. For intellectual property patent design rights and trademark it is important to have a symbol or a word that distinguishes the goods or designs of one company from another. In order to register this trademark it is crucial to apply at the Trademarks Registry Patent office with a dully signed application form.

Leslie D. Varner

Leslie D. Varner