How trademarks and parents can be used to deal with piracy as socio economic issues
Answers
Depending upon the type of bussiness u have developed you may encounter with patents, copyright, trademarks and trade secrets.
These type of agreement cover the license and requirement for material and their use and development of products and services.
When you are developing your bussiness you have to determine many factors about intellectual property.
There are many to protect your intellectual property .
They most common are patent which are the right to exclude others from making. Copyright are the original work of authorship that also include software.
Trade secrets , which gives secret information that gives an owner a competitive advantage .
Parents offer right to exclude others form making , using, selling or offering for sale the invention .
Patent require that the idea must not already be in public use. Copyright provide exclusive rights to copy right owner for reproduction , public display ,and derivative works.
Patent cover inventions such as chemical , mechanical inventions And electrical inventions.
Chemical product may be new compound that may be pharmeutiual , new synthetic materials or item .
When it comes to the trademarks, it is said that it provides explicit protections for the brands, logos, slogans as well as with other similar items.
When it comes to the patents, it is seen that they are the basic level and they are the set of exclusive rights which grants for the exchange for the disclosure.
By this way, it helps in dealing with piracy.