Intellectual property protection is a lengthy process

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• Intellectual property protection is a lengthy process - one that a business owner needs to start before he actually goes into business

• Realize that no matter if you patent your product or not, a larger company with deep pockets can copy your idea. The issue becomes whether or not you can afford the dollars and time it takes to defend your patent. Outline:

1. Discuss what types of things are covered by a patent, a copyright, and a trademark/service mark

2. Discuss how one starts the patent process, including the keeping of notes and drawings

3. Know the different agencies associated with a patent, a copyright, and a trademark.

4. Understand what happens to a business’ protection when a trademark becomes used as the generic name for the product it sells

Reference no: EM131036766

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