Patents, trademarks and copyrights are various aspects of the same central idea. These are various types of intellectual property that ensure protection of property rights of persons or companies. However, there are a number of key differences between the three.

If you look at the books of large companies these days you will discover that their intellectual property (IP) adds a tremendous amount to the balance sheet. In fact most companies fixed assets are small in comparison to the brand and IP value. This tells us something very interesting – yes – how much more would your company be worth if you invested more in IP recognition and registration?

When we talk about property, it is not only the tangible things such as homes, structures, vehicles, money etc that are protected by law. There are many other forms of intangible property termed as intellectual property that have been recognized under the law and granted protection against misuse. The three main kinds of intellectual property rights are copyrights, trademarks and patents.

With the internet expanding its tentacles far and wide to reach a global audience, people have begun thinking how best to prevent violation of copyright on this novel medium by resorting to appropriate policies.

Intellectual property (IP) is a number of various types of legal monopolies over creations of the idea, both artistic and commercial, and the related fields of law. Under intellectual property law, proprietors are granted certain sole rights to a variety of intangibles, like musical, literary, and artistic works; ideas, discoveries, and inventions; and words, phrases, symbols, and designs. Copyrights, trademarks, patents and trade secrets are four main types of intellectual property.

Patents provide an inventor the authority to stop others from making use of his or her invention for their own personal profit through illegal means. They provide the inventor the option to prosecute a person or a firm for infringement of his invention or its manufacturing process. However, you have to keep some important aspects in mind when looking for a legal option against patent infringement.

When you are considering getting patents, it is necessary to identify and hire a competent patent lawyer right at the outset rather than only after a violation takes place. The most important responsibilities of a patent lawyer are to aid the client in acquiring the patent, advising him on steps to make sure of security of the patent, and representing his interests if misuse occurs.

Trademark infringement is a serious issue especially in this age of global competition. The question is how to determine when a particular trademark is said to be used unlawfully by a brand? There are some factors that have to be checked for finding out whether the trademark has been infringed by another firm.