When a Sacramento inventor wants to market an invention, it may become necessary to share certain details with prospective customers or clients. During these meetings, those individuals may decide to circumvent patent law by not obtaining the proper licensing to use the invention. This issue is at the heart of a recent lawsuit filed by Paice LLC and its investor, The Abell Foundation Inc., against BMW.
Protecting intellectual property can feel like a full time job for companies here in California and elsewhere. For those with patents for a product that draws in customers and makes a company's services or products desirable, remaining vigilant and looking for those violating their rights under patent law can lead to litigation. For instance, the United Services Automobile Association filed a lawsuit against Wells Fargo, alleging it infringed upon USAA's patents for mobile deposit technology.
One of the primary reasons for taking measures to protect intellectual property is to make sure no one else profits from the ideas of inventors here in California and elsewhere. For this reason, they go through the often painstaking process of applying for a patent, which is supposed to prevent others from using proprietary information. Unfortunately, some companies appear to blatantly commit patent infringement, which is now the assertion of iRobot against SharkNinja.
If you are the creator or owner of a business in California, you may well have developed some asset that you need to protect. This may be your company's logo or name. It may be a means of delivering your services to customer. It may be a completely new product or means of producing a product that has never existed before. These are just some of the types of things for which you may seek intellection property protections. A patent, a trademark and a copyright are all examples of types of IP.
If you are an entrepreneur in a field in which you are likely to develop truly unique and new products, you will want to understand how you can protect your inventions from being stolen or reproduced illegally. Many other California individuals and companies face this issue every day. There are a variety of types of intellectual property protections available and it is important for you to know which is appropriate to your situation.
California is the home to many major global brands but is also the hotbed of innovation. Across a variety of industries, there is no shortage of businesses and ventures being started by eager entrepreneurs and scientists. Many of these smaller companies face challenges when trying to compete with their respective industries' leaders and some end up being bought out by larger competitors.
It goes without saying that the process of applying for a patent in Sacramento can be incredibly complex. Yet of all the different elements that go into patenting your invention, the one that you likely think that you fully understand is that in order to be patented, your creation must be completely new. Even this requirement, however, has its subtle nuances. What may seem new to you may not necessarily match the definitions established by patent law. Thus, it is important that prior to applying for your patent, you must understand the idea of novelty.
To some people across the nation, the legalization of marijuana for recreational use might only make them think about using the substance, others know that the issue extends far beyond who can use pot, when or where. A whole new industry is taking shape in California and the other states that have legalized marijuana and one issue this industry is now facing is the protection of its intellectual property.
Many in Sacramento might think that your work in botany or horticulture might preclude you from ever having to worry about patent law. Yet if your work leads you to the development of new plant species, than you will want to ensure that the important details of that species are protected in much the same way an inventor would want their product protected. Many in your field have come to us here at the Peterson Watts Law Group, LLP asking how to commence the traditional patent process. Like them, you may be surprised to learn that their actually special provision designed specifically to patent new plants.
If you work hard enough on an invention that you secure a patent for it, then you obviously want to protect it at all costs. If you should pass away, you do not want to lose that patent protection. The money earned from the invention could help your heirs, but the income may be lost if the patent is no longer valid. This may make you wonder what happens with your patent when you die.