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.
If you enjoy having a few drinks here and there, you may be familiar with the company Buzzbox Beverages. This company sells premixed cocktails in local stores.
The Patent Cooperation Treaty is an important international patent law. It allows individuals to file an international application for a patent as long as they are living in a country that was part of the Paris Convention of the Protection of Industrial Property in 1883. While that convention ended in 1970, it was later amended and modified, so it's still used today.
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.