It’s crucial for every company to develop an intellectual property (IP) strategy from the inception of their business. IP is of top priority for many individuals and businesses houses due to numerous advantages linked to it.
When you choose the type of IP protection, you need to consider various factors, ranging from the product’s shelf-life to the demographics of your audience. Let’s have a look at different types of intellection property protection available.
Confidential information
During the early stages of every business, sensitive information has to be disclosed while dealing with the suppliers or to secure funding. Securing the confidential information, therefore, makes sense to ensure protection from intruders.
Trademark registration
Protect the brand of your company by registering its trademark. The concepts included in trademark are logo, business name, colour, shape, sounds, product packaging, and even smells. Not only does it make sense to register these elements but it is equally important to ensure if you aren’t involuntarily using one of these elements registered by someone else.
Patent registration
When you protect your invention via patent registration, you get complete protection against it. The law allows you to take action against a company or an individual who uses your innovation to produce, supply, or import your products without your knowledge or consent.
Copyright
Protect your artistic, literary, musical and dramatic works via a copyright. With this type of IP protection, you can secure your web content, databases, and software. Just make sure it is totally original.
Design
You are allowed to register the configuration and shape your product for up to 25 year in the EU. Defending and enforcing your design rights is costlier and challenging when compared to obtaining the rights.
To know more about intellectual property and its protection from intruders, visit this link: https://ipbulgaria.bg/.
