Posts Tagged patent

What is an intellectual property license? What is a royalty?

Posted by David Leon in Intellectual Property on 01/03/2009


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.”

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I have an idea. Can I patent it?

Posted by David Leon in Intellectual Property on 13/02/2009


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.

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What is a patent?

Posted by David Leon in Intellectual Property on 13/02/2009


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.

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