Posts Tagged ‘trademark’
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.”
What is a trademark?
Posted by: David Leon in Intellectual Property on March 1st, 2009
A trademark is used to designate a source of goods or services. Typically, a trademark is a logo, graphic or short phrase used to identify a product or company. Trademarks may be obtained at common law, and they may be registered with the United States Patent and Trademark Office. If a trademark is being used without permission, then a trademark infringement or dillution suit may be necessary in order to protect the mark. If your mark is “merely descriptive” of your product, then you may not not be able to register your mark (there is still a supplemental register, though).
