It’s pretty simple to protect your tangible property. You can see where it is and whether someone has taken it. However, what about things that aren’t physical?
What Is Intellectual Property?
Intellectual property is essentially anything that you have thought up that you can make profit from. This, of course, is an expansive area, covering things like inventions, music, literature (including taglines, catchphrases, and sayings), art and artistic designs (such as graphic designs, illustrations, and logos) and anything else along similar lines that can be used in commerce. You’ve put just as much, if not more, work into creating these things, so it’s not right that anybody other than yourself should be able to make a living or extra cash from them.
How Is Intellectual Property Protected?
Intellectual property can become protected by law when you take steps to make it public knowledge that it belongs to you. You can do this by taking out copyrights, trademarks, and patents. All you have to do is check that nobody else has already taken the rights to what you’ve created and follow legal procedure to secure your intellectual property.
Have I Infringed Intellectual Property Law?
Sometimes two people will have very similar ideas. This is common. However, if you have been making money from something that another person, company, or business has claimed the rights to, you may find that you have inadvertently broken intellectual property law. Not to worry. This can generally be brought to an amicable solution. First, you need to cease production or supply of the goods or services that someone else has intellectual property rights over. Then you should contact a reliable attorney to give you a helping hand. Click here to find out more.
Has Someone Else Stolen My Intellectual Property?
An easier problem to spot is when someone is stealing your intellectual property. Why? Well, you’ll know that you have the rights over it and you will be able to clearly see that there are illegitimate products or frauds being distributed around the consumer market. So what do you do if you find that this is the case? Well, first you need to double check that you did take out the rights and that the application and handover was successful. Sometimes agreements aren’t completed correctly, invalidating your claim over certain intellectual property. If you find that everything is in order and you do hold the rights and the property is being used without your permission, you can now take action. Hire a lawyer who will be able to take you through everything step by step. The first thing that will usually happen is that a cease and desist notice will be issued. This requests that the person or company stop using your ideas. If they refuse or ignore your notices, a further lawsuit will ensue.
It is important that you don’t undervalue your creativity. Protect what is rightfully yours, even if it isn’t tangible. Many people are hesitant to pursue these kinds of cases, thinking that something hasn’t been physically taken from them. However, intellectual property law is there for a reason! Make the most of it!
This is a collaborated post.