From litigation over allegations of copyright infringement to registering a trademark, a number of legal issues may arise when it comes to intellectual property. However, it’s important for business owners to have a clear understanding of the different terms and how they are defined according to the law. For example, some business owners may wonder what a trademark is and it is vital to find answers to these types of questions.
According to the New York State Library, businesses register a trademark in order to identify and distinguish the goods and services they offer from those offered by other businesses. Trademarks may be registered for symbols, devices, words, names, or a combination of the aforementioned items. If you are concerned that some aspect of your business will be stolen by one of your competitors, such as a logo or a creative name, it is important to ensure that you have protected your intellectual property. Regrettably, some businesses have neglected to register trademarks, resulting in the theft of their intellectual property.
When intellectual property is stolen, the consequences can be damaging to businesses. Some business owners have also failed to identify violations of the law or were not aware of their legal rights, allowing violators to get away with their actions. If you suspect that your intellectual property has been misused, you should take action.
Please bear in mind that while this post was written to offer helpful information, it does not represent any kind of alternative to qualified legal help.