What is Intellectual Property?

What is Intellectual Property?

Adrianna Ngo
 | 

Intellectual property laws are rights and protections that protect owners of ideas or inventions.

 

These ideas range anywhere from literary works to specific logos and symbols. 

 

The rights for these ideas are based on the legal properties of copyright laws, trademarks, and patents.

 

Let’s say you are a musician and you are working on writing a new song. In order to ensure that those lyrics and the song are your property, you would look into copyright law. 

 

Getting copyright over your song would protect your ownership and emphasize the authorship of your song.

 

What is a Copyright?

 

Copyright protects original works of authorship, such as literary or artistic works. This includes books, songs, movies, or even architecture. This type of protection covers both published and unpublished products. 

 

In general, registration is voluntary for a copyright. Copyright exists from the second your work is created. 

 

However, if you want to bring a lawsuit to court regarding a copyright issue, you must register for a copyright on your work. So it's best to register a copyright, which a lawyer can help you do. 

 

To register a copyright, you or a lawyer must submit an application through a registration portal on the U.S. Copyright Office. These copyrights have different duration periods based on the product you want to copyright.

 

For example, if a piece of work is created by a single individual, the protection of the copyright lasts for the lifetime of the author, plus 70 years. If the word was created anonymously or for hire, the duration period of protection lasts either 95 or even 120 years.

 

What is a Trademark?

 

According to the US Patent and Trademark Office (USPTO), a trademark is “a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others.”

 

This means that a trademark must be distinct and recognizable to a certain party.

 

In other words, if you are opening a business that starts with an M, you can't create a logo that includes two yellow arches. That is too similar to McDonald's logo. You'd be infringing on their trademark. 

 

Something important to recognize for trademarks is that they do not expire after a period of time. A trademark can last forever as long as you continue to use it and file the correct paperwork.

 

This paperwork includes filing to register your trademark with the USPTO. Although you don’t need to register your trademark with the US Patent and Trademark to establish rights on your trademark, there are many benefits to registering with the USPTO.

 

Some include:

  • Having a notice to the public of your claim of ownership over the word/phrase/symbol/etc.
  • Exclusive rights to use your trademark on goods/services
  • Legal grounds of ownership nationwide

Filing paperwork regarding trademarks can be confusing and tedious. That's why a lawyer from LawChamps an help. We know how to file the paperwork, so you can focus on other parts of your business. 

 

What is a Patent?

 

A patent is a property right for any invention, granted by the USPTO in exchange for public disclosure of the invention. There is a limited duration period for patents.

 

Inventions including machinery, technology, chemical creations, or any industrial matter can be considered for a patent.

 

In order to apply for a patent, you must file an application through the USPTO. There are two types of patents you can apply for — a design patent or a utility patent.

  • Design Patents protect the way a product looks and last for 15 years from issuance. It is important to note that this patent protects the ornamental design and visual aspect of the product, not the product itself.
  • Utility Patents protect the way a product performs and how it's used. They last for 20 years from the date on which the application for the patent was filed in the United States.

While you don't need a lawyer to file a patent, an attorney will save you tons of time and headaches. Over 600,000 patent applications go through the USPTO each year. Around half are rejected. Lawyers can make sure you go into the "approved" pile. 

 

In short...

 

Patents, trademarks and copyrights can be confusing. A lawyer can help.


This article is intended to convey generally useful information only and does not constitute legal advice. Any opinions expressed are solely those of the author, not LawChamps.
Adrianna Ngo

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