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Copyrights, Trademarks, and Patents

Copyrights, Trademarks, and Patents 

Posted on September 23, 2020 by Kiara Mchaugney

I’m sure that we are familiar with certain words, such as copyrights, trademarks, and patents. Well, we actually see some of them in a product, a work, or a creation. Well, those products call as intellectual properties. Whatever works made based on ideas or our intellectual ability, they were called as such. So, what are the differences between them?

Copyrights, Trademarks, and Patents
Copyrights, Trademarks, and Patents

Copyrights

In short, copyright is a legal right of owning intellectual property. It exists to protect the products from being plagiarism, bootlegged, or stolen (in idea). In the business world, copyright is the most needed to protect the product under the shield of the government, especially the business of technology products, such as hardware and software.

Within the copyright that shielded or protected your products, there will be no one dare or bold enough to copy, plagiarism, or using the same design as your products. If there is someone bold or daring enough to do that on copyrighted products judi slot online hoki, then the hammer of law will hit them hard. Whoever owns the intellectual properties that become the victim of plagiarism, bootlegged, and such, they are able to sue them. Also, they are able to demand a sum of money as compensation to the suspects of plagiarism, bootlegged, and idea-thief.

Not just sue them on the court, the owner of intellectual properties with copyrights can also demand a royalty. If the intellectual property were used for commercial purposes without any license from the original owner who owns the copyright, royalty is the answer. Whatever how much the products were sold for, then the owner can demand how many percent they want the money from it.

Copyrights, Trademarks, and Patents
Copyrights, Trademarks, and Patents

Trademarks

Trademarks are any word, symbol, name, or such that are used for commercial purposes in order to identify or distinguish a product and its source. Well, it is basically a name you use for your own products.

To be protected by the law through the copyright, trademarks are needed to be registered. With that, there will be no one dared to use the same name as your products.

Patents

A patent is basically granting a right of property, by an authority to an inventor. This right grants inventors some exclusive rights to the patented invention, process as well as design for a designated period. They basically are a form of incorporeal right.

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