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Competition means needing to innovate, as creating a new manufacturing process, plant variety or machine could lead to one company's dominance of a particular industry. Successfully prosecuting a patent allows a business that invests in research and developments to...
When you create a new product and apply for a patent, your goal might be to build a company around this patent. Maybe you’re planning to launch a startup focused on this new idea. Alternatively, you may have an existing company that is simply patenting a new product...
Given the importance that comes with branding in today’s economy, the importance of a strong trademark cannot be overemphasized. The overall purpose of a trademark is to protect your creation from unfair exploitation by third parties. But, can you trademark anything...
The internet makes it easy for people to discover the products you produce. It also increases the chance you will find out if someone appears to have copied one of your ideas. What should you do if you think someone has breached your patent rights? 1. Check you...
Crowdfunding has many advantages. Not least, the ability to bring ideas to life that you might otherwise never have gotten off the ground. Yet it also has its pitfalls. One of the most crucial to be aware of is that you are exposing your plans and ideas to a large...
You are an inventor or a visionary. Your idea has come to fruition. Congratulations! But have you protected your hard work from unauthorized use? If you haven’t, you need to ASAP. This is where patenting comes in handy. A patent is an exclusive right that bars other...
When you have put in the time, skills and resources to bring your idea to fruition, you need to protect your creation from abuse or unauthorized use. This is where patenting comes in. However, before taking this route, it helps to understand how different types of...
When you come up with a fantastic idea, you know there is always a chance that someone will come up with the same idea. Or that someone sees yours and copies it. Hence, you might want to patent it straight away so you can sleep easier at night knowing your idea is...
The patent is one of the most powerful and effective tools for protecting your business's intellectual property. When properly prosecuted, a patent can protect your company's original ideas and unique manufacturing processes so that other businesses cannot use those...
Intellectual property is something you create. Protecting this property is essential since it may be difficult to prove that you were the one to come up with the idea. The U.S. Patent and Trademark Office provides you with the option to patent certain types of...
