Posts Tagged ‘patent’
What is an intellectual property license? What is a royalty?
Posted by: David Leon in Intellectual Property on March 1st, 2009
In order to legally use the intellectual property of another, the owner of the intellectual property needs to give permission. Such permission is called a “license.” The payment for the license is typically the “royalty.”
I have an idea. Can I patent it?
Posted by: David Leon in Intellectual Property on February 13th, 2009
An idea, in and of itself, may not be subject to patent protection. It should be reduced to a tangible form. It also must be a new idea (novel), non-obvious, and serve some kind of purpose before it can be subject to patent protection.
What is a patent?
Posted by: David Leon in Intellectual Property on February 13th, 2009
A patent is a mechanism to protect an idea, invention, method or design. Patents are either novel creations or modifications to existing ideas. Prior to filing a patent application with the United States Patent and Trademark Office, it is recommended that a patentability search be conducted.
