Business Concept Development

Which of the below are common methods for protecting Intellectual Property (IP)?

• Trade mark

• Patent

• Copyright

• Designer rights

• Domain names

A T_______ m_______ is a right granted over a letter, word, phrase, number, sound, smell, shape, logo, picture or aspect of packaging that a business will use to represent its products and services.

A registered trade mark is legally enforceable and gives the business owner exclusive rights to use it for commercial purposes, license it or sell it for the goods and services that it is registered under.

• True

• False

A P_________ is a right granted for any device, substance, method or process that is new, inventive and useful. This is legally enforceable and gives the owner exclusive rights to use the invention for commercial purposes for the life of the p_______

A C_________ is a free and automatic protection of original works such as writing, music, art, films, sound recording, broadcasts and computer programs.

D__________ rights are rights given to the owner to commercially use, licence or sell a design (the visual appearance of a product).

A registered design could be for a logo, branding, packaging, new invention or new technology.

• True

• False

A potential owner can register a d________ n________ (the business’s unique address on the internet) so that they own it and nobody else can register it.

It can be a good idea to register a domain name, even if there are no plans to build an actual website for some time, so that it will be available if and when the b______ss does launch.

Which of the following best describes intellectual property?

• Any creation of the mind such as a new invention, a brand, a design or artistic creation

• Physical property such as land or buildings that is owned by the business

• Specifically ideas that have been patented or copyrighted

• Specifically the trademark, brand and logo of the business