A Quick Guide for Monetizing Your Intellectual Property Selling your intellectual property can be a smart financial decision, but it comes with its complexities. Just like physical property, your trademarks, copyrights, or patents can be bought and sold. But, unforeseen factors, such as the growth potential for your brand can complicate valuing and setting a price for your IP. In this guide on how to sell intellectual property, we will break down the pros and cons of selling IP, [...]
According to the latest data from the United States Patent and Trademark Office, there were about 400,000 trademark registrations and 325,000 trademark applications during Q3 of 2023. In other words, there are numerous pending trademarks at any given time in the United States. Companies may assume that pending trademarks put them in a state of intellectual property (IP) limbo, but they can experience a certain degree of IP protection during this pending phase. To learn more about intellectual property [...]
When you work hard to create a product and a business, you want to protect your creations from theft and infringement. One way to do this is with a trademark. Most people are familiar with the TM and ® symbols for trademarks, but many have questions. What does TM mean? What does ® mean? When can you use one or both symbols? Using these symbols is more straightforward than you might think, but you need to ensure that you [...]
Registering a trademark with the United States Patent and Trademark Office (USPTO) provides a mark owner with legal protections over the use and possession of their creation. Any type of identifying creation that establishes the source of various goods or services can benefit from a federally registered trademark. Symbols, phrases, and other designs, therefore, could qualify. It is essential that business owners who want to register for a trademark fill out the application properly and supply all the information to get [...]
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