Intellectual Property Law protects the legal rights of the developers of the properties. It offers exclusive ownership to the creators over the developed work. The concepts of patents, trademarks, and copyrights as are the common rights that fall under this law. IP law is an area that protects the rights of people who create original work. Due to the confusing articles and acts of intellectual property law, many students need Intellectual Property Law research paper writing help.
What are the Kinds of Intellectual Property Laws?
IP law is not simple like declaring ownership of a specific service or product. There are mainly four kinds of Intellectual Property or IP that can be protected legally. Each one has its costs, requirements, and attributes. These are discussed in our Intellectual Property Law assignment help desk as follows:
Patent: A patent is used to protect inventive processes or ideas and the things that are useful, new and nonobvious. It is used to protect the newly engineered species of pants. Once a patent has been approved it is finite protection. Patent holders have to track and maintain the patents usage and pay the government renewal fees. The costs shall differ depending on the country you apply and depending on the complexity of the invention, the costs can run into thousands of dollars.
Trademarks: Trademarks protect phrases, words, sounds, symbols, colour or smell. They are considered assets that identify or describe the source of products and services, which a company offers. Trademarks do not need government approval. They can be applied via being used on interstate commerce. Trademark registration provides superior protection and registration is gained through application filing with the government office.
Copyrights: Copyrights do not give protection to the idea but the manner the ideas are expressed-art, written work, programming code, architectural drawings. With a few exceptions, copyrights enable the owners of protected materials control performance, reproduction, public performance, new adaptations, and distribution of work. The applications for copyright registration are simple compared to top trademarks or patents and they should be obtained alone by the author.
Trade Secrets: Trade Secrets are proprietary systems, procedures, formulas, devices, strategies, and information, which is exclusive and confidential to the company that uses them. There is not any federal-regulated registration method for trade secrets. The onus remains on the company. There are no registration costs but the costs involved with taking appropriate security and precautionary measures.