Trade Mark Registration
Trademark is a unique symbol or sign which may be a label or numeral or combination of colours for identification of your goods or services. You can obtain a Trademark Registration under the Trademarks Act, 1999. Trademark enables you and a third party to distinguish your products and services from those belonging to your competitor. However, it would be helpful to keep in mind that geographical names, common names, common trade words and common abbreviation cannot be registered as a trademark.
Apart from being unique, a Trademark should be easy to use, make your products marketable and create brand recognition for your products. Trademark registration has several advantages and benefits to the owner:
- Legal Protection
- Product differentiation
- Brand recognition
- Creation of an asset
- Business valuation and goodwill
- Trademark recognition
- Business expansion
Copy Rights Registration
The term “Copy right Protection” refers to the monopoly approved to authors by copyright law for exclusive use or reproduction. Similar to Trademark Registration with the Trademark Registrar, copyright can also be registered with the Copyright Office to enjoy legal protection in a copyrightable work. Copyright is made available in a routine fashion to the author immediately when some creative form of expression is produced in a tangible medium. Nevertheless, there are some important benefits of registering your work and availing of protection services. A copyright is essentially a right not to copy someone’s work. A copyright gives the owner of the subject an exclusive right over his work. If a work is protected by copyright, no one can imitate copy or reproduce the original work in any other way. A term of copyright in India is 60 years. Copyright can be taken for the following works:
- Fashion Designs
- Training Manuals
- Literary Work
- Paintings etc.
What is a patent? Is getting a patent beneficial? These are some common questions that can commence hovering over the mind of inventors when they come up with new inventions and attempt to relate them to patenting. A patent is one of the most exclusive Intellectual Property Rights (IPR) granted to an inventor by his country’s government for his unique invention. It empowers the inventor to prevent others from copying, modifying, trading, or importing the invention without his consent. The patent protection continues throughout its lifespan, which is country-specific. In India, the tenure of a patent lasts for 20 years right from the date of filing. It is vital to note that after this duration, anyone can use the invention. The granted patent can bestow the applicant with an umbrella full of benefits.
How is the patent registration in India beneficial?
Patent Law inspires people to come up with more and more ideas as once the patent is granted; the inventor becomes the only owner of his invention. The patent rights being different from other types of Intellectual Property (IP), can be bought, sold, or licensed. As these rights are territorial bound, one country’s patent provides the rights applicable within that nation only. For instance, the patent granted in India gives the owner rights that help in avoiding infringement issues by preventing unauthorized users from importing or using the same ideas within Indian Territory. Apart from inventors, the patent system leads to the growth of the nation’s economy by benefitting the public with affordable services.
After obtaining a patent, the owner can grab a lot of advantages. Which are as below
- Provides exclusive access to all rights even at early filing
- Authorizes complete freedom of reforms
- Generates ROI (Return on Investment)
- Gives a good market status
- Allows public disclosure