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Intellectual property (IP) is a valuable asset for any business. It includes trademarks, patents and trade secrets. When a company goes out of business, questions can arise about who owns its intellectual property. The answer is, "It depends." Several scenarios can...
When you come up with a brilliant idea, product or design, you want to make sure that no one capitalizes on your sweat without your approval. This is where intellectual property rights come in. Intellectual property rights refer to the rights given to an individual or...
Trademarks provide intellectual property protection for the business or individual that holds the trademark. There are rules that guide what can and cannot get these protections and the protections only work when the holder decides to exercise their rights. Sometimes,...
The idea for your business may have developed over several years or been a sudden revelation. No matter how you started your company, many pieces set your business apart from your competition. As you get started, it can be easy to brush off the idea of protecting the...
Business leaders who sell services or products likely know the importance of merchandise. Branded merchandise is any product that contains your business’ logo or name and can include apparel like hats and t-shirts as well as cups and can coolers. Having merchandise...
Entrepreneurs are wise to protect their inventions from the competition. Four ways to achieve this goal include: Patents. There are two types of patents that can protect an invention: design and utility. The design patent protects the appearance of the invention. This...
The United States Patent and Trademark Office (USPTO) recently announced implementation of the Trademark Modernization Act of 2020 (TMA). As noted within the title, the rule allows for the agency to update its trademark process. Three specific things that every...
Patents are legal tools that help protect an invention from competitors. These protections can help provide the patent holder with legal recourse if a competitor comes out with a similar product. So once we have a patent in place, we have done everything we need to do...
Facebook’s fairly recent move to rebrand itself as Meta has fueled a discussion about the benefits and risks that come with a rebrand. For some businesses, a rebrand can provide a valuable opportunity to give a business fresh life. For others, it can signal the final...
The most recent data available to the government shows that in a single year less than 15% of all inventors who receive patents from the United States Patent and Trademark Office (USPTO) are women. Even more disconcerting is the fact that there is no data to show how...