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Why your technology startup needs Intellectual Property Protection


The field of intellectual property protection is important for all industries and all sectors. In this article we address the implications of intellectual property protection for technology startups.

The challenges for technology startups

Your startup may face a number of challenges. The most significant of these are:

  • Product development;
  • Recruiting expert professionals with the necessary qualifications;
  • Increasing your firm’s capital;
  • Management of issues related to intellectual property.

The ability of your startup to withstand these challenges depends largely on two factors. The first is your ability to anticipate and avoid these problems, the second is your ability to manage challenging situations and prevent them from deteriorating.

The value of intellectual property rights to technology startups

When you first begin your technology startup, intellectual property management may seem like an unnecessary expense that reduces the efficiency of your business. However, that viewpoint is counterintuitive – intellectual property management is amongst the most important aspects of developing any business.

It’s essential that you don’t ignore intellectual property rights. Whether they be for software, trade secrets, trademark protection, or something else, intellectual property rights can exponentially increase the value of your business should the issue of intellectual property theft arise. What’s more, intellectual property is highly instrumental in the acquisition of venture capital, which protects your business by preventing unfair competition.

What action should you take to protect your startup?

Entrepreneurs make several common mistakes when it comes to intellectual property management. These include:

  • Trying to manage IP related issues without expert help
  • Creating ineffective IP documents
  • Failing to create and implement a comprehensive, legally-binding IP strategy

Should a member of your business succeed in creating a piece of intellectual property, it is highly advisable to transfer this intellectual property to the company via a written agreement between the natural person (the author/creator of the IP) and the company itself. Even if the natural person is a consultant or business partner, several confidentiality agreements should be signed to ensure that all parties agree on the obligation to assign intellectual property rights to the company. If your confidentiality agreements are not watertight, they could be subject to a successful legal challenge, causing your business significant financial and growth losses.


Through similarity we found the difference

Lately, we’ve been working on a case which has proven to be quite difficult. After receiving a refusal for one of the trademarks we administer, because of the similarity to a previous trademark, we have still managed to pass the mark towards publication by pointing out certain aspects such as: the existence of a very ( learn more )


Class down, trademark up

Between August and September 2020, we faced a fairly common issue in the world of intellectual property. We have identified a similar trademark to that of one of our clients. The next step was contacting and starting the negotiation procedure with the opposing party in order to waive the protection of one of the classes, ( learn more )


Registration criteria for slogans

Although many famous slogans enjoy incredible success, many others face the barrier of not being able to be registered. What could be the main reason why a short series of words cannot be registered? What is the definition of a slogan? Before finding out the reasons why certain slogans cannot be registered, we need to ( learn more )