IP Registration Is A Must For All Businesses
We may think that registering intellectual property (IP) ownership rights are fairly new event it is not. Even the Romans stamped bricks to show their sign of ownership. Trademark law is quite ancient dating back to the year 1266 in England. The old law known as the “bakers marking law̶
Trademark law is very well established globally. It is still flouted in some developing nations but that is the joy of the jungle. Most established businesses these days have trademark protection or are in the process of getting protection. Most people think that you have to legally register a mark to be able to use it but the opposite is true. You register a mark so that others cannot use it! When you register a trademark you gain the unique right to be the only one to use the mark or to control who can use it.
A trademark is a specific mark that allows customers to recognize you without seeing your product or service. It is a unique part of your brand. Tests have shown that you can exhibit just part of a famous trademark and people know which brand it belongs to. This shows the power of a good image and how the brain works at remembering such things. This is why it is important to legally protect important marks and words.
In most countries if you create something yourself you have the sole rights to use this. However if an idea is used by many people it very quickly becomes common property and cannot be registered. It is always best to legally register marks and ideas. Registration legally fixes the date of ownership beyond any sense of doubt. In some countries common law gives some protective cover but at the end of the day you have more security if you engage trademark lawyers to protect important IP.
These days you can self-register a trademark but there are inherent risks of doing this of course. Trademark attorneys of course know how to register and how to protect possession if the rights are misused. They know the full story of registration and protection. If you self-register you may get a cheap registration but you may have left a loop-hole for somebody to abuse your rights later on.
Registration of trademarks can be done in one or more countries. Currently there is no such thing as a global trademark. You have to register in all the nations where you need protection.
Registration has become easier over the recent years with the introduction of systems like the Madrid System of International Registration of Marks through the World Intellectual Property Organization, Geneva, Switzerland but global registration is still a slow and fairly costly process.
Of course the benefits of registering a trademark outweigh the costs and challenges. If you are focused about your business you should be looking at registration today.
Find out more about trademark registration Singapore and discover how does a patent lawyer and IP protection increase the net worth of your business fast. This article, IP Registration Is A Must For All Businesses has free reprint rights.
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