Intellectual property disputes now reach many more industries than they did in the past. No longer do intellectual property lawsuits only involve large corporations in medical and financial sectors. Any company may find itself embroiled in an intellectual property dispute, regardless of the size of the company or the industry in which it operates.
If you're considering filing a patent in Cincinnati and aren't sure how to proceed, having an understanding of the process is highly important. Patents protect the creators of inventions from having their ideas stolen and used by others, which can result in great financial loss. There are numerous steps to the patent process however, and the United States Patent and Trademark Office has some tips to ensure your application is filed correctly.
As a company owner, you know that some of your most important assets are intangible, such as your knowledge and ideas. Protecting those intangibles often involves acquiring and enforcing intellectual property rights, such patents, trademarks, copyrights and trade secrets. Failing to do so could give your competitors an advantage and leave you without legal recourse if your valuable intellectual property is used without your authorization.
Copyright law has always been complex and dependent on the medium. In the digital age, however, it's taken on new levels. There have been well-publicized battles over ownership rights for music, movies, photographs and more.
With so many different companies vying to be the best, ensuring that your intellectual property is protected is crucial. That's why Industry Week offers these smart tips on protecting valuable ideas and processes with patents.