A Simple Definition of Intellectual Property Law

1. A Simple Definition of Intellectual Property Law A.A.Tejuoso & Co.

2. Intellectual Property Rights Lawyer If you are an artist or an inventor, or if you would just like to bring to life the ideas that cross your mind, you definitely need to know about intellectual property law. This will ensure that your creation is safe from the hands of people who would like to take credit for something that isn’t theirs or make money out of something you have created. Before even going through the scope of intellectual property law, it is necessary to understand what intellectual property is first. Basically, intellectual property is anything that you create from your own ideas. Intellectual property can be literary works, artistic expressions, designs, images, and even names that you use. You have the sole right to use your intellectual property and even profit from them. You may also, at your own discretion, allow another party to use your intellectual property.

3. Patents and Trademarks For Business There are laws that govern intellectual property, covering such items as patents, trademarks, and copyrights. These deal with how a person’s creations remain his and his alone. Anytime someone else tries to copy it or passes it off as their own, the law will ensure that these people are punished for taking credit and/or making money off it. Over the years, intellectual property law has evolved a lot. In the past, the only works that need to be patented, copyrighted, or trademarked are things that have physical structure. Today, even music, specific phrases, and smell among others can be registered as intellectual property. Laws on intellectual property encourage people to keep creating and inventing. In most cases, these lead to socioeconomic development and the evolution of a rich culture. The law allows the creator or inventor to profit from his intellectual property. At the same time, the innovations and new products pave the way for more voracious consumption. other business.

4. Intellectual Property Rights Intellectual property rights lawyer also govern issues that involve disputes on ownership of intellectual property. There are instances when two or more people claim that a particular product or invention came from their own ideas. These laws also ensure that the owner of the property is properly compensated for the earnings derived from the use of their intellectual property. The human mind is truly magnificent. It can create so many different things. To protect these creations and to ensure that you continue to profit from the products of your own mind, it would be to your benefit to read up on intellectual property laws and consult with a legal expert on this matter.

5. The Royal Chambers, 23/29 Abibu Oki Street, P.O. Box: 8842, Lagos, Nigeria , Fax: +234 1 264 3025 , Shift Number: +234 1 264 3024, Email:lawyer@tejulaw.com