Intellectual Property – Protect your creativity!

By / Dr. Samira Alexander

Legal field: patents, copyrights, trademarks.

Jurisdictions: UK/International

 

 

Intellectual Property – Protect your creativity!

 

Do you know Why Intellectual Property is an integral part of a successful business?

Intellectual Property directly affects your business – Intellectual Property.

Why is it so important to protect your ideas and creative developments?

In the world of digital technologies and global competition, innovation and creative potential are becoming extremely valuable assets.

 

Everything you create – let it be brilliant ideas, unique inventions, piece of literature or software – constitute your Intellectual Property.
In other words, this is your Intellectual Property and there are laws (The Intellectual Property Act 2014 received royal assent in May 2014 and came into force on 1st October 2014 in a bid to modernise UK intellectual property law, most notably design and patent law.

 

It protects businesses’ IP rights in the UK and abroad as it synchronises UK law with that of EU intellectual property law) on Intellectual Property that are designed to protect your rights.

 

They guarantee that no one will be able to use your ideas without your consent. Imagine that you have developed a revolutionary product or service that has the potential to turn the industry upside down and bring you profit and income. And you realise that your unique ideas are the key to success. Copyright gives you full control over how, when and by whom your work will be used, as well as determines who will receive money from its sale. Sounds interesting, doesn’t it?

 

Therefore, to start the process of protecting your Intellectual Property, you need to choose the appropriate type of protection. Admittedly, you have a new invention or technology, in this case, you can apply for a patent, respectively, the patent gives you exclusive rights to use your invention for a certain time.

 

This allows you to fully control its use and protect it from illegal copying. Perhaps, you have a unique brand, logo or product/brand name, in this case, the registration of a trademark (trademark) will help you protect your trademark from plagiarism and illegal copying. Owing to this, your brand becomes easily recognizable and inspires confidence among consumers.

 

Well, after choosing the appropriate type of protection, you need to fill out the appropriate application, specify your personal data and details about your work, or about your invention or brand. In addition, registration fees must be paid, which depend on the type of protection chosen. And the further step is to submit an application to the Intellectual Property Organization.

At this stage, it is very important to make sure that all the necessary documents have been attached and executed correctly.

 

You always have the option of licensing or selling your software (IP), giving other companies the right to use your creativity and innovation. IP is a key resource for stimulating innovation and business development. And therefore, protect your creativity, register your rights and use them to your advantage.

 

If the application is approved, you will be given: A Certificate of Registration, a registration number confirming your right to use IP.

 


 

Dr. Samira Alexander.

Professor of International Law/Jurisdiction.

Doctor of Law, International Attorney with 24 years of experience.

 

Published By law & Bar

law & Bar

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