Patent license agreements allow companies to monetize their innovations without (or in addition to) developing their own products and services. These agreements have several key terms, and companies must ensure that their patent licenses contain appropriate restrictions and protections. If a license agreement doesn’t contain the necessary restrictions and protections, not only could this reduce the value of the license for the licensor, but it could potentially lead to the loss of the licensor’s exclusive patent rights as well.
Trademark registration is essential for protecting companies’ names, brands and logos. Registering a trademark with the U.S. Patent and Trademark Office (USPTO) provides nationwide protection—and this protection affords the registered owner the right to prevent not only the use of the registered mark itself but also the use of any “confusingly similar” marks to promote competing goods and services.
In today’s world, social media marketing is essential. But, social media platforms can also be dangerous places for brand-based businesses. Fortunately, there are steps companies can take to protect their trademarks on social media—both initially and on an ongoing basis. Alabama trademark lawyer Hunter Adams explains:
Patent protection affords startups the opportunity to protect their inventions and capitalize on the exclusivity this protection affords. But, securing patent protection isn’t easy, and startups can easily lose their monetization potential if they aren’t careful. With this in mind, here are five essential tips for startups from Alabama patent attorney Hunter Adams:
Companies doing business in the United States can protect most types of intellectual property through registration with the U.S. Patent and Trademark Office (USPTO) or the U.S. Copyright Office. But, there is one major exception: Trade secrets are not eligible for registration. Instead, companies must protect their trade secrets through other means, as Alabama intellectual property lawyer Hunter Adams explains below.