An expert Intellectual Property Lawyer
would commonly define Intellectual Property (IP) as creations of the mind which
includes inventions, artworks, designs, names, symbols and images used in commerce.
In a business setting, IP is as good as any tangible asset owned by the
company. Through the help of a competent lawyer, these intangible assets can
become a major competitive edge over most competitors.
Understanding IP Law in Canada can be daunting
for an ordinary business owner. There are 6 laws that cover this area which
are, The Patent Act, The Trade-marks Act, The Copyright Act, The Industrial
Design Act, The Integrated Circuit Topography Act, and The Plant Breeders
Rights Act. It can be quite difficult figure out on your own which is why it is
important you have someone who can easily traverse the minute details of these
kinds of legislation and help you protect your intellectual assets.
Intellectual Property Lawyer |
Why
is it important to protect your IP?
Without protection and exclusive rights to
all your intellectual assets, any competitor can grab and use them for their
own and even claim them. To prevent this, you must immediately protect your IP
by utilizing non-disclosure agreements and other similar tools at your disposal.
To strengthen that first step, you can either expand your confidentiality agreements,
or you can publicly file for intellectual property rights.
What
are Intellectual Property Rights?
In Canada, you can secure ownership of your
intellectual assets by applying for exclusive rights at CIPO. You can submit
different kinds of applications depending on what suits your needs. A patent
prevents other parties from making, using or selling your creation. An
industrial design protects how your creation looks and how it is set up. A
trademark covers the words, sounds or designs that is unique to your product,
service or company. Last but not the least, a copyright ensures that you are
the only one who has the right to produce and reproduce your creation and any
substantial part of it no matter what form it may be.
These kinds of IP rights cover different
aspects of your creation and go into so much more detail than what is presented
in this article. Only an expert lawyer can guide and assist you through the intricacies
of the law and what is applicable in your situation.
But
that’s not all…
With all the information we’ve provided,
you might be ready to secure your intellectual assets, however, there is a
process that you must go through and several point that you must look into
before taking that important step. You have to first ascertain if your creation
is covered by a patent or an industrial design. Second, you have to check if
there is an existing patent or rights for your creation. Third, you have to
determine the best strategy to take in securing your assets especially if you
want to keep many details of your creation a secret.
While this can seem like a complicated
process to go through, having an Intellectual Property Lawyer by your side through it all will
ensure that you are able to secure all the exclusive rights and protections
your creation could ever need.
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