If you're working on a new business, the worst thing that could happen is for someone to steal all your ideas and hard work. It has happened in the past, and it could happen to you if you're not careful.
You create fashion because you love to make new designs and trends. What you don't love is when something you've made suddenly hits the market from unknown brands who stole your trendy ideas.
You probably have seen memes all across the internet. These images are often created by random users, adding words to pictures to make a funny or ironic post. Sometimes, memes are protected by law, so individuals could face trouble if they use them without permission.
If you created a song talking about a hotel you've made up in your mind, the last thing you'd expect is to find that someone has built it as a result. That's what happened to the Eagles, though, who discovered that a hotel in Mexico decided to name itself Hotel California. The hotel shares its name with the iconic song from 1976, one that most people still know to this day.
You just wanted to create a cool project for your school. You decided to make a screen-printed T-shirt. You took an image you love off Google, and then you printed it onto a shirt. Everyone loved it, but when you went to sell it online, you got a notice that you needed to stop. If you didn't, you could face legal action. What happened?
It was a "Eureka!" moment when you finally created a product you wanted to sell to others. You quickly began to create plans for your business, knowing that it would be successful. No one else has anything like you're creating, and that means great things for your future.
In the most generalized understanding, counterfeiting can be described as the sale or use of fraudulent imitations of genuine goods. With that far sweeping definition, it can be confusing to know what actually qualifies as counterfeiting.
Your intellectual property is an important part of your business. It might be a new product, a new idea about how to run your business or promote something important to you or just something that you think might need legal protection. In business, it's important to realize that the only way to protect yourself is to make sure you're taking steps to protect your property, whether that property is an idea or physical asset.
When someone takes your intellectual property or abuses your patent, it's your right to pursue a claim against that individual. When it's a company that does so obviously and it begins to affect your business, it becomes very important to address the issue quickly.
Patenting an invention can provide many important legal protections. However, it can be difficult to figure out whether a particular invention is eligible for a patent.