In business, it is critical to protect your creations and inventions. Patents, trademarks, and copyrights allow consumers to ensure that the products they are purchasing are authentic and safe. IP rights also ensure that credit is given to the respective inventors and creators whose creations help progress science, culture, and society forward.

In this webinar, Patrick Reilly, CEO of Intellectual Property Society (IP Society), dives into trademarks, trade dress, patent rights and timelines estimates, what kind of works can be protected, whether an NDA is sufficient, and more. Watch the video to learn more!

What is a patent?

A patent is a right granted to the owner of an invention that protects an invention or process that gives a new solution to a problem. It costs anywhere between $6,000 to $20,000 and takes around 2 years to issue. It must be a new idea or previously unknown principal. Methods, machines, compositions of matter, and articles of manufacture can be patented.

What is a trademark?

A trademark or “service mark”, is a word, phrase, symbol, or design, that distinguishes and identifies a source of goods of one party from those of others. A service mark identifies a service rather than goods.

What is a copyright?

Copyright protects creators of original, tangible works from third parties from publishing, making copies, or using any part of their work without permission. Different from trademarks and patents, Copyrights usually pertain to artistic works. Copyright protects the expression of an idea, not the idea itself. Copyright registration may cover payment of statutory damages and attorney fees if done within three months after publication of the work.