Protecting Your Business: Intellectual & Industrial Property Rights
Classified in Law & Jurisprudence
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Industrial Property (Commercial)
A set of intangible fixed assets affords legal custody to business owners, protecting the value of their assets and differentiating their companies within the market. Key elements include:
- Brand Name: Products or services identified by customers through brands.
- Industrial and Artistic Designs: Lines, shapes, colors, or elements that distinguish products (industrial design) and may include reproductions of artwork.
- Patents: Protect new inventions. There are three types of inventions:
- Inventions of Order: Made by an employee during their contract term, specifically for the purpose outlined in the contract. The invention belongs to the employer, unless it is deemed significant, in which case the employee may be entitled