Protecting intellectual property is an important priority for many California businesses. Securing ownership of innovative and creative ideas can be the determining factor in whether your business moves from start-up to successful entity.
Protecting intellectual property with a trademark is an important step in securing ownership and exclusive use of unique creations like brand names and logos. However, simply getting the trademark does not mean that the goods or services in question have indefinite protection. In fact, other parties can lawfully use the protected name or creation if the trademark holder does not meet use requirements.
Securing a patent, trademark or copyright can be critical to all businesses with unique, innovative goods and services. And protecting trade secrets with confidentiality and non-disclosure agreements can also be vital to protecting information that gives a company its competitive edge.
Employers have numerous tools at their disposal to protect their business and the elements that make it competitive. One such tool is a non-disclosure agreement, or NDA.
As a business owner, you likely go to great lengths to avoid legal disputes and follow state and federal laws. You may have employment or independent contractor agreements with your workers, and partnership or joint venture agreements with your partners; if there are regulations with which you must comply, you might diligently review them and make any changes necessary to avoid fines and penalties.
In previous posts, we have talked about the various tools business owners can utilize to protect their intellectual property: non-disclosure agreements, patents and copyrights among them.
Previously in this blog, we have discussed how important it is for businesses to protect their intellectual property. However, protecting intellectual property is not something reserved for business entities; individuals can also benefit from such protections.
Trade secrets are typically among a company's most important assets. This information is a solution, formula or technique that gives the business a competitive edge and sets it apart from others. And its value comes from the fact that it is not available to people outside the business.
One of the most common examples of intellectual property that business owners should to protect it is a name - its business name, product name or, in limited circumstances, the name of a person.
Protecting intellectual property is a high priority for business owners across California, particularly in areas such as technology, transportation, entertainment and other highly competitive industries. Everything from branding to marketing can hinge on if and how a business protects the creative elements that set it apart from others.