Intellectual property is the name for the masterpieces of the mind that are possessed by a person or company. A couple of four types of intellectual property – PATENTS, COPYRIGHTS, TRADEMARKS, AND TRADE SECRETS. 1. PATENTS. Patents are authorities certifications and protections directed at INVENTIONS. Inventions can be physical, mechanisms items that do things, such as devices or machines. Inventions can be computer programs or code that do things also.

Process patents or Method patents are about an approach to doing something. Patents are difficult and expensive to get. Trying to get a patent can take years. If you do not sign-up a patent on your invention, you have no protection. Whoever registers a patent first, gets the patent. Some patents are based on prior art, this means the invention relies on and uses one or more earlier inventions. Patents can be extremely valuable and can be sold or licensed.

A patent will last twenty years from the date of filing, design patents last 14 years. After 20 years, the patent enters the public area. This is why things such as patented medicine or devices become much cheaper to buy after 20 years. 1. Never send your idea or invention to an organization or person, unless you have an agreed upon contract that says they will not disclose your idea and can not contend with or grab your idea.

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2. If you sign an ongoing work for Hire agreement to develop an invention, you shall lose possession over your invention and will not own the patent. 3. BEFORE you sell your patent or invention to anyone, you ought to have a contract and have it read by an attorney. 4. In the event that you sell or display the simple things you have developed, and have not requested a patent, anyone can grab your invention. If you obtain a patent but have not received the patent yet, you can write “Patent Pending” and present the application amount. 5. If you get a patent, don’t take a seat on it, since it is only shielded for 20 years.

2. COPYRIGHTS. Copyright shields creative, original works that have been arranged into tangible form. The best way to get the protections of the Copyright regulation is by registering the copyright with the united states Copyright office. Registering copyright is easy and inexpensive. Unlike patent and trademark, a copyright registration is not just a certification that any part of your projects has elements which have copyright. For example, things that are stock elements cannot have copyright. If you wish to file a lawsuit predicated on copyright infringement, you must have a completed copyright registration. Copyright registration takes about six months to a 12 months.

If you sign-up copyright in a timely way after creation or before the copyright is infringed, you may be eligible for statutory damages and/or lawyer fees. Registering copyright brings great protections and is so affordable. Most copyright applications are done online at the united states Copyright website and the items to be registered are uploaded as digital data files.

For example, if you are registering photos, you open files to upload, and if you are registering writing, you will upload one of the appropriate types of phrase files. For example, the Copyright office accepts certain screenwriting file formats, if you want to register a copyright on a screenplay you have written. Copyrights last for the entire life of the author plus 70 years.

There are other past rules about how exactly long a copyright lasts, but this is the basic guideline for things created since 1978. Copyrights are extremely valuable because they protect the to copy a creative work. Owning copyrights on desired creative works can support the originator or writer because of their lifetime, and then support their family for 70 years after that. Copyrights can be costly and difficult to safeguard.

Many people stop infringing on the copyright simply by being told they are infringing and being asked to avoid. If you need to file a lawsuit to avoid someone from infringing, year statute of limitations — a period limit there is a 3. The copyright must be registered before any such lawsuit can be filed fully and keep in mind, the sign up takes at least months. COPYRIGHTS ARE FOR CREATIVE ORIGINAL WORKS IN TANGIBLE FORM.

COPYRIGHTS PROTECT THE RIGHT TO COPY. COPYRIGHT – RIGHT TO COPY. 1. Register copyright on any creative works you plan to sell, screen, or permit. 2. iF YOU indication an agreement to make something as an ongoing work for Hire, you are quitting the copyright and can not own any rights on the ongoing work.

4. TRADE SECRETS. Trade Secrets Are
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