Obtaining a patent is expensive. Inventors and company product developers often have to spend $5,000-10,000 to protect their intellectual property with a patent. On the other hand, those who create creative works (manuscripts, articles, poems, photographs or songs)...
Tesla is pushing to have the patents of Nikola, a small startup manufacturer of a hydrogen fuel cell-powered semi-truck, invalidated in the latest development of the two manufacturers’ ongoing patent dispute. Tesla claims that Nickola's truck design patents are...
It does not matter who you are or your status within a company. If you steal trade secrets you will suffer the consequences, some of which can be severe. Look no further than the recent 18-month prison sentence given to the co-founder of Google’s self-driving vehicle...
A patent is not a one-size-fits-all protection for your invention. In fact, there are three types of patents available in the U.S. It’s important to determine which type of patent you wish to apply for.The different types are:Utility patents: Utility patents are...
You know you have a solid and effective trademark or service mark. That is why you must register it with the U.S. Patent and Trademark Office (USPTO), making sure no one else or no other company can use it. Yes, it is possible for business owners to rely on a...
Another company throws a serious charge your way: an accusation of patent infringement. This is not time to panic, even though you know that litigation involving patent matters are expensive. Your company must prepare for a strong defense in confronting these serious...
Patenting your intellectual property is a crucial component of your business’s success. The competitive edge provided by a patent can be invaluable. You probably know that the patent application process can be lengthy. So, how do you know when it’s the right time to...
Your company devoted years to developing this new product requiring a diverse team of employees that relied on formulating a number of innovative processes. With the project completed, the product eventually gets introduced to the market and makes a splash. Next, the...
Intellectual property (IP) issues are a legal minefield for business owners. The use of graphics, taglines, and even product components that are not developed in-house can leave a business owner open to intellectual property violation allegations. There are also risks...
Intellectual property (IP) laws allow you to document your ideas so you can retain your ability to financially profit from your creativity. Protecting your IP rights, however, is a complex process. Your career, livelihood and reputation could be contingent on your...
