Protecting your ideas

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24 Terms

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<p>Intellectual Property (IP) </p>

Intellectual Property (IP)

Intangible creations of the human mind (inventions, brands, designs) that have commercial value.

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Why protect IP?

To prevent counterfeiters (fake goods) and pirates (unauthorized copies) from ruining your reputation or losing you money.

<p>To prevent counterfeiters (fake goods) and pirates (unauthorized copies) from ruining your reputation or losing you money. </p>
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What you can do with IP

Control its use, sell, buy, lease, license, or make money out of it.

<p>Control its use, sell, buy, lease, license, or make money out of it. </p>
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<p>Copyright </p>

Copyright

An automatic right protecting original literary, dramatic, musical, and artistic works.

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<p>Trademark </p>

Trademark

Protects logos, signs, and symbols used to distinguish a product or service from competitors.

<p>Protects logos, signs, and symbols used to distinguish a product or service from competitors. </p>
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<p>Patent </p>

Patent

A registered right protecting the form, functionality, and manufacturing process of a new invention.

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<p>Design Right </p>

Design Right

Safeguards the visual, aesthetic appearance (shape, pattern, decoration) of a product.

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<p>Copyright Applicability </p>

Copyright Applicability

Applies automatically once an idea is fixed (written down) in any medium; protects the expression, not the idea itself.

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<p>Trademark Registration </p>

Trademark Registration

Registration is optional (TM) but provides better legal protection (R); must be renewed every 10 years.

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Examples of Trademarked Colours

Green for BP, Yellow for AA, Purple for Cadbury, and Blue for IBM.

<p>Green for BP, Yellow for AA, Purple for Cadbury, and Blue for IBM. </p>
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Design Right Criteria

Must be new, have individual character, and not remind an informed person of an existing design.

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Lucasfilm v Ainsworth Case

Lucasfilm lost a copyright suit over 3D Stormtrooper helmets because they failed to register design rights for their 2D drawings.

<p>Lucasfilm lost a copyright suit over 3D Stormtrooper helmets because they failed to register design rights for their 2D drawings.  </p>
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Unregistered Design Rights (UK)

Free automatic protection for internal/external shape lasting 10-15 years, but does not stop 2D copying.

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Patent Criteria

Must be new, inventive, and makeable or useable in industry.

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What cannot be patented?

Scientific/math discoveries, artistic works, mental acts/business methods, animal/plant varieties, medical treatments, or things against public policy.

<p>Scientific/math discoveries, artistic works, mental acts/business methods, animal/plant varieties, medical treatments, or things against public policy. </p>
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Patent Costs & Timeline

Costs £310 to file (as of 2018), takes 3-4 years to register, and must be renewed yearly for up to 20 years.

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<p>UK Patent Process </p>

UK Patent Process

  1. File Application, 2. Search, 3. "A" Publication (18 months), 4. Examination, 5. Grant, 6. "B" Publication.


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Patent Filing Rules

Record the idea and search patent databases, but do NOT publicly reveal it without confidentiality agreements.

<p>Record the idea and search patent databases, but do NOT publicly reveal it without confidentiality agreements. </p>
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Public Disclosure Risks

Revealing information without confidentiality (e.g., theses, websites, presentations) compromises the ability to protect the underlying IP.

<p>Revealing information without confidentiality (e.g., theses, websites, presentations) compromises the ability to protect the underlying IP. </p>
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Mitigating Disclosure Risks

Mark as confidential, use confidentiality contracts, limit the number of parties, and limit the details disclosed.

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Is an idea bad if already covered by IP?

No, it proves the idea has value, and you might utilize established infrastructure (e.g., franchises).

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IP Ownership

Employers own employee IP, but university students usually own their own IP unless assigned to the university or a sponsor.

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Key IP Question

"Will intellectual property protection going to help or hinder your product idea?"

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IP Durations

Trademark: Forever; Copyright: Creator's life + 70 years; Registered Design: Up to 25 years; Patent: Up to 20 years.