Patents, Trademarks and Copyrights 1, business and finance homework

Business & Finance
Tutor: None Selected Time limit: 1 Day

Identify the best protection for each of the following creations:

What about the pricing strategy?  What would protect an IP?

Please explain why you would chose one over the other.

Jan 17th, 2016

Thank you for the opportunity to help you with your question!

First, we must understand the basic difference between the three terms by the help of their meanings.
Copyright is a form of protection provided to the authors of "original works of authorship" including literary, dramatic, musical, artistic, and certain other intellectual works, both published and unpublished.
A trademark is a word, name, symbol or device which is used in trade with goods to indicate the source of the goods and to distinguish them from the goods of others. It protect words, logo, phrases etc.
A patent for an invention is the grant of a property right to the inventor, issued by the Patent and Trademark Office. 
Intellectual property (or IP) refers to creative work which can be treated as an asset or physical property. It cna be protected using all three (copyright, trademark, patent) depending upon the type of property.
I am sending more.


Please let me know if you need any clarification. I'm always happy to answer your questions.
Jan 17th, 2016

If you are interested in protecting a title, slogan, or other short word phrase, generally you want a trademark. Copyright law does not protect a bare phrase, slogan, or trade name. Whether an image should be protected by trademark or copyright law depends on whether its use is intended to identify the source of goods or services. Copyright law provides for compulsory licensing and royalty payments - there is no analogous concept in trademark law.

Jan 17th, 2016

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