IP General
What is IP?
Intellectual property (IP) is the property of your mind or proprietary knowledge.
Name four types of IP registration
Patent, trademark, registered design, plant breeders rights, copyright, graphical indicators
What are the benefits of Exclusive Rights and Control
• Exclusivity: Right to use, sell, or license your IP
• Prevent others from exploiting your creation
• Control how your IP is used
• Protect your brand from unauthorised use
What benefits are there to registering you IP? Name all four
• Protects your creations and innovations
• Grants exclusive rights and control
• Provides legal ownership and enforcement
• Offers commercial advantages and business growth
Why would you get a patent?
To protect your invention, new process, functionality
What are the benefits of Legal Protection and Enforcement
• Legal ownership and clear record
• Easier enforcement against infringement
• Seek injunctions and damages
• Deterrent effect with ® symbol
Registering I.P. protects your...
creations and innovations
Why would you register a trademark
To protect your logo, brand name, words, letters colours
What are the Commercial Advantages of registering your IP
• Increases business value
• Attracts investors and buyers
• Licensing opportunities for income
• Competitive edge in the market
Why might you need multiple type of IP registration?
Because the business has new product, logo, theme song, slogans
Why would you 'register your design'
To protect the visual appearance of a product
What would you get a copyright for
music, drawings, art, literature, programs, films broadcast