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| Navigating IP rights |
| Tuesday, 01 September 2009 | |||
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Intellectual Property Intellectual property refers to the knowledge you have created and wish to In addition to IP Australia's helpful guidance, if you require advice in relation to your specific scenario then many Patent Attorneys are willing to provide typically one hour of free advice when asked. Registrable intellectual property rights: Patents Trademarks Designs Unregistered Rights: Copyright Trade Secret Patents The first thing to understand about patents, and one that is not understood by many people, is that you lodge your patent in the country in which you wish to do business. For example, if I wish to sell into the USA and be protected in that market I do not need to lodge a patent in China to prevent them from making the product. The USA protection prevents anybody from selling into the USA, irrespective of where the product is made. Provisional Patent (PP) The most common starting point in the patent process is to lodge a Provisional Patent. This can be done on-line through the IP Australia website. The cost is just $80.00. The 12 months PP window is aimed at giving the innovator the opportunity to explore the opportunity in more depth and perhaps develop the idea to a better level, thereafter a Complete Patent Specification can be lodged. Complete Patent Specification and PCT A Complete Patent Specification is a detailed document that in essence details the "method and Apparatus" that is the invention. Novelty, ie) If it has not been done before is an essential requirement to in succeeding with the granting of a Patent. Some time after a PCT is lodged (approximately 18 months) it is then necessary to decide in which particular countries you with the have the patent apply. For example you may just choose just Australia, the USA and the UK. Be very frugal with the selection of countries as most patents fail to actually make money and significant expenditure is required for each country in lodgement and maintenance fees. Innovation Patent This is a relatively new form of patent that is mostly used for relatively trivial innovations, almost gadget like. An innovation patent provides protection for eight years, but the innovation patent is only for Australia. Trademarks The area of trademarks is quite complex as to what can be protected and in what market it is used. A trademark is normally used to protect a brand and an identity, such as the Nike swoosh or the Mercedes Benz logo and name. Registered Designs These apply to the form or shape of an object, such as perhaps the shape of a new car, tail light or a new comb or perhaps computer mouse. Copyright This generally refers to the written word and may include books, music, software and poems etc. Trade Secret Lodging formal protection essentially required disclosure of an idea and allows others to see in detail what you have done, or may be intending to do. For example you may patent a new type of light switch mechanism and via the publication of my patent this becomes public knowledge, perhaps even before the product is even on the market. In such a case my competitors can get advanced warning of what I am doing. In many cases people and companies do not wish to do that and thus do not seek formal protection but instead keep the knowledge secret within their business as a Trade Secret. Coca-cola is an example of a company that has done just that in protecting its secret formula. Non Disclosure Agreement This is a document you may request a party reviewing an idea to sign prior to disclosure. Many people and companies refuse to sign such agreements in fear that it may lock them out of a future field of endeavour. None-the-less, even if formal protection is in place it is always a good idea top seek the signing of an NDA before disclosure, if possible. *Roger La Salle is a speaker and facilitator of business innovation through his company, Matrix Thinking. To learn more visit: www.matrixthinking.com
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