- Industrial property (which includes patents for inventions, trade marks and industrial designs)
- Copyright (which covers literary works, films, music, artistic works and architectural designs).
What are intellectual property rights?
Intellectual property rights are like any other property rights. They allow creators, or owners, of patents, trade marks or copyrighted works to benefit from their own work or investment in a creation.
Why is protecting intellectual property important?
Intellectual property rights reward creativity and human endeavour. For example:
- The film, recording, publishing and software industries would not exist without copyright protections.
- Without the patent system, researchers and inventors would have little incentive to continue producing better and more efficient products.
- Without trademark protection and enforcement mechanisms to discourage counterfeiting and piracy, consumers would not be able to buy products confidently.
In short, without the protection provided by intellectual property law, you could lose control over many of the things that not only make your business profitable but enable you to stand out from your competitors.
Does your business have intellectual property?
Yes, all businesses have intellectual property, no matter what kind of business they are. Examples of intellectual property (IP) include:
- business names
- domain names
- product designs
- product names
- trade secrets.
How can Sajen legal help you protect your intellectual property rights?
At Sajen legal, Timothy Borham is our intellectual property expert.
What does that mean for you?
Tim can undertake a thorough intellectual property audit of your business and identify the assets that you need to protect. He’s particularly adept at ensuring that IT companies take all necessary steps to protect their intellectual property. Protecting your intellectual property rights is also important if you are looking to raise capital for, merge or sell your business. Why? Financiers and purchasers often look for enforceable intellectual property rights before they make a final decision to lend you money or purchase your business. Therefore, you should take all the necessary legal steps in order to protect your intellectual property rights. In short, protecting your intellectual property rights increases the value of your business. Tim is the kind of lawyer you want to talk to if you have an intellectual property issue, especially if you are operating in a knowledge-based industry. He has experience with: