You are an entrepreneur with a web presence. During a regular Google search for your page ranking, you find out something alarming. There is one more company out there with a name very alike to yours and more or less indistinguishable content on their website. What will you do?
Is your business name and website content mechanically protected by copyright or patent law? Should you have registered your company name as a brand name? Can you stipulate that they alter their name and dismantle their website straight away?
Intellectual property can be a perplexing topic, and one that all company owners should know about. Miserably however, a lot of entrepreneurs simply don’t. Intellectual property is in plain terms an idea that lawfully belongs to someone, be they a business or an entity. Only the owner of that idea or someone the proprietor has a legal conformity with can utilize the idea. By and large, the owner of the idea is usually its inventor unless someone paid them to generate the idea, in which case the idea’s possessor is the person who paid for the idea. There are different kinds of intellectual property, but for the purpose of this content, our focal point would be on patent only.
Patent – A patent shields the inventors of new inventions. A creation can include anything from a new product or business method to a formula. If you settle on to patent your discovery, there a few things you should know. First, you will require applying for exclusive rights in every nation where you would like your creation to be secluded. Secondly, getting a patent is going to cost you a pretty denomination. You will have to shell out thousands of dollars to copyright your thought or creation and it will take a minimum of two years (possibly more) before you are granted an official document. Also, your prized invention will no longer stay a clandestine since your patent submission will be made public once your application is submitted. If all of this wasn’t passable bad news, patent protection usually only lasts for twenty years from the date of your submission. Phew! On the positive aspect, once your patent is acknowledged, you can take legal action against anyone who tries to produce or sell your finding.
If you want to know more about patent, you must contact a reliable Canadian patent agent. The agent has to be experienced and must possess fair knowledge on all patent rules and regulations. Only then you will be able to get the exact information to protect your business ideas, products or any discoveries. You can do one thing. Visit a reputed Canadian patent office in your city and look for an agent who can feed you with ample information about protecting your intellectual property. The agent will do the search and help you in application and prosecution by interacting with various patent offices across the world.