U1 AOS1/KK10: Protecting the business idea Flashcards
intellectual property (IP)
an original creation of the mind that can be legally owned to prevent other businesses/competitors from using their ideas.
trademark
A right granted over a letter,word,phrase, shape, logo or picture that a bus will use to protect its products to maintain a unique image that can X be replicated by other bus.
Stylised as: “tm” or “r”
copy right
automatic protection go any original works eg. writing,music,art,films ect. Stylised as ©
patent
a right granted for any device/substance/method/process that is new, preventing others using the IP without your permission.
domain name
potential owners can register a businesses unique address on the internet (domain name) so that no one else can register it.