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Intellectual Property (Common mistakes (Not properly identifying all their…
Intellectual Property
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4 key forms of IP
Patents
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Types of patent
Utility
New process, machine, composition of materials or improvement
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Design
Invention of new, original ornamental design for manufactured products
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Patent infringement
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Costly to litigate, tough for small companies
Trademarks
Word, name, symbol or device used to identify and distinguish products or services
Types of Trademark
Trademark
Any word, name, symbol or device used to distinguish a brand from another
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Copyrights
Grants the creator of a work the right to determine how the work is used and obtain economic benefits
What is protected?
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Pictorial, graphic and sculptural works
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Copyright Infringement
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To prove infringement, the owner must prove the accused had access to the work and that the work was similar enough
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