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Intellectual Property Enforcement

Have you registered or filed for copyrights, patents, and or trademarks? Whether you have done this or are planning on doing so, you should still be interested in intellectual property enforcement. The reason why is because if you do not enforce the agreements you have signed on for, your business will suffer. For example, if you don't use a trademark properly you may lose it all together. Let us say you let a third party use your trademark without any restriction whatsoever. This could be construed as abandonment and just like that your trademark is gone. Always set up an explicit agreement with a third party and enforce it. Enforcement is also essential when it comes to patent and copyright too. Copyright infringement occurs all the time. If you do not enforce your rights as an owner, what is the point of having copyright at all? This may sound logical, but some people simple acquire intellectual property and forget to manage it.

Fast Facts

  • Do not set it and forget it. If you are not interested handling the day-to-day duties associated with your IP, delegate this responsibility to some employees.
  • Some options for enforcing IP include setting up an IP committee and hiring an IP management company.
  • The patent office receives over 5 million pieces of mail each year.

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