Thursday, 24 May 2012

Blog 1 - Lecture 7 Intellectual Property


Trademarks are everywhere in society, the subconscious within us recognises these logos, scents, sounds and even feel of a brand without us actually realising what we are doing. For example, I bought an orange flavoured fizzy drink last week and immediately went for the bottle with the distinctive shape, which happened to be the Fanta bottle. Without me realising I had bought this product I had already been subject to their marketing strategy.


Through reading about Intellectual property (IP) I have become more aware of how businesses use their trademarks, and how they manage to make their way into our minds without us realising or allowing them to do so. It is important to ensure that businesses understand the importance of their IP as it is possible for duplication or renditions of these IP’s to occur.

So the question then stands, How can businesses protect their IP? There are numerous ways a business can protect its IP such as being aware of other trademarks in society – possibly employ specific people to go around areas to look for trademarks similar to their own (e.g Mcdonalds staff looking for other food outlets with a big M in their logo). Patents are also important to secure, such as not talking about your patent to 3rd parties, also having a written agreement.



It is important for a business to understand ownership of IP rights as the owner of the IP might not realise they are actually the owner for example who owns the IP if an employee comes up with an idea and the employer uses that idea?

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