Intellectual Property

Intellectual Property Rights for Businesses

Intellectual Property (IP) refers to intangible creations by an individual or a business. It covers a vast range of creations, including inventions, literary works, artistic works, name of a business, logo, symbols, images or videos used for commercial purposes, designs, recipes and formulations. IP-intensive industries in America employ more than 45 million people and their … [Read more...]

Four Legal Traps That Could Harm Unsuspecting Small Businesses

While laws may be made with good intentions, the fact still remains that complying with them can be a real challenge for large businesses, let alone small ones. Yet, as the saying goes, “ignorance is no excuse”. To help small-business owners be better informed, the team at Fletcher Day has listed four legal traps into which small businesses could fall. “Free Software” There’s … [Read more...]

Protecting Your Intellectual Property when Developing and Hiring for a Project

When Antsy Labs, maker of the Fidget Cube, decided to delay production because of a fault they found in the first few units, they took a massive risk with heavy consequences. Their manufacturer was contracted by another entrepreneur to produce the same design, and that entrepreneur made more than $300,000 on the idea, while Antsy Labs struggled to ship units. One of the … [Read more...]

Do You Have Trade Secrets? Here’s How to Protect Them

The closely guarded formula for Coca-Cola is stored in a bank vault that can only be opened by a resolution of the company’s board of directors. Only two Coca-Cola employees ever know the formula at any one time, and their identities are not made public. Also in a bank vault is the formula for Water Displacer 40th attempt – commonly known as WD40. The formula has only been … [Read more...]