Intellectual Property (IP) plays a crucial role in protecting innovation, yet it is often misunderstood. Let’s take a look at some of the most common IP myths and uncover the truth!
- Myth 1: Ideas can be patented. False! You can’t protect vague ideas. Only tangible concepts, like a well-defined invention, can be patented.
- Myth 2: A registered trademark is protected worldwide. False! Trademark rights are territorial. You need to register your trademark in every country where you want protection.
- Myth 3: Copyright protects your ideas. False! Copyright protects original works, not ideas. It applies to tangible works like books, movies, or music.
- Myth 4: Protecting IP is too expensive. Not necessarily! There are solutions for businesses of all sizes, from small startups to large corporations.
Protecting your intellectual assets is essential to staying competitive. At H&H IP LAW, we guide you through every step, from trademark, design, and patent registration to defending your IP rights.