Posted by Admin on October, 20, 2010
With a number of companies or firms establishing their foot in the global market, the importance of Trademark Registration and Patent Registration has increased. Trademark is basically a word, symbol or phrase that distinguishes one company from the other. Trademark Registration is important to increase the brand visibility of a company in the market knowing the fact that the same product is manufactured by various other firms. Hence, the trademark should be unique and distinctive and not be similar to any other trademark registered by any other firm. Whereas, Patent Registration is basically done to prevent and protect the unauthorized use, copying or selling of a product originally invented by others.
Importance of Trademark and Patent Registration
Trademark Registration is important because it helps the users identify the brand and repeat the purchases. In this competitive world, brand visibility adds up to a company profile and helps to maximize their profits. Therefore, trademark registration is a very crucial step and needs to be done very carefully. A trademark helps the buyers to identify and make them purchase that good or service. Trademark registration plays a vital role in helping your business flourish and touch the heights of success as users become aware of your brand.
Patent Registration is as important as trademark registration. It is necessary to protect your work from infringement by others. It is an exclusive right given to the inventor of the product for a specific time period. Both trademark and patent registration are important for effective and smooth functioning of your firm or a company.
Trademark Search and Registration
Keep in mind that selecting an appropriate trademark is an important task. Before, you finalize on a certain logo or a mark, it’s important to conduct a proper research. After you have selected one, it’s important to file your trademark, which is an indication of the fact that this trademark has been registered and others can’t use it without prior information to the company. The trademark registration is valid for a period up to 10 years with subject to renewal after every 10 years.
Patent Registration Process
It is a legal process; therefore an application is filed in a prescribed manner. With the scrutiny of all the documents and verification of all the details, a registration certification is granted by Central Government Patent Office. The patent registration is valid till the time period of 20 years from the date when it was filed.
When people start up a new business, all they think about is market strategies and how to maximize their profits. But, what they forget is that you need a logo or a word for the identification for your company and a way to protect your products from infringement. So, it is therefore important to get a trademark and patent registration.
This entry was posted on October, 20, 2010 at 15 : 47 pm and is filed under Intellectual Property Rights. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.