Youth Entrepreneurship at Iowa
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Transcript Youth Entrepreneurship at Iowa
Intellectual Property
Empowering Imagination Applying Knowledge Exploring Innovation
Tomorrow Seizing Opportunities Accelerating Business Inspiring T
Innovations Empowering Imagination Applying Knowledge
Explore Seizing Opportunities Accelerating Business Inspiring
TEomorrow
mpowering Imagination Applying Knowledge Exploring Innovations
Tomorrow Seizing Opportunities Accelerating Business Inspiring
Intellectual Property
Patents
It gives you an exclusive right within the US
to make, use and sell your invention for a
period of years. It must fall into one of these
four categories:
Process
Machine
An article of manufacture
Composition of matter
Intellectual Property
Patents
Cannot be obvious
Must have some utility
Can’t be frivolous or immoral
Design Patent— ornamental design of a
manufactured item (14 years)
Utility Patent— functional features of the
invention (20 years)
Intellectual Property
Copyrights
Literary works
Musical works
Dramatic works
Pantomimes and choreographic works
Pictorial, graphic and sculptural works
Motion pictures
Sound recordings
Intellectual Property
Trademarks and Trade Names
Trademark is any word (or words), name,
symbol or picture or device that a company
uses to distinguish its goods from someone
else’s.
A related property right is a Service Mark
Intellectual Property
Trademarks and Trade Names
If you are only going to do business locally,
may not be necessary to officially register
If you may go across state or the country,
should consider formal registration from the
state and the US Patent and Trademark
Office
Intellectual Property
Trade Secrets
Data or information not generally known
in the industry that gives a business an
advantage over the competition
Formulas
Manufacturing techniques/processes
Customer lists
Computer software (source code)
Intellectual Property
Helpful Websites:
www.uspto.gov -- Patents and Trademarks
http://lcweb.loc.gov/copyright -- Copyrights
www.irs.gov -- IRS
www.sos.state.ia.us -- State of Iowa SOS