Intellectual Property Basics
David Allard, Business Advisor MMEC
Intellectual Property, or IP can be defined as a product of the human mind or intellect; including ideas, inventions, expressions, methods, processes, unique names or chemical formulas which have potential commercial value and can be expressed in tangible form. The United States Patent and Trade Office (USPTO) has the duties of governing IP in the USA.
By the above definition, IP could be as straight forward as the secret ingredient in your Perfect Bloody Mary. IP can also be more complex, such as a highly engineered, Rare Earth bearing Nano-structured catalyst that is integral to the production of some esoteric and valuable wonder material.
IP not only refers to patents, but also to Trade Secrets, Copyrights and Trademarks, as well as affording certain rights to the owners or inventors of distinct company names or packaging designs.... READ MORE
|
|
