Introduction
BUG, Inc is a company based in Any State, U.S.A that deals with surveillance techniques and devices. It designs, manufactures, and sells recording devices that are used by the several law enforcement agencies around the country. Police and FBI are just a few that use these devices to intercept and record sound and voices. The equipment taps into telephone wires, cell phones transmissions and picks up sounds and voices through the walls of a house or in open-air locations through the use of remote microphones. BUG has exclusive contracts with most state and federal law enforcement agencies throughout the United States. As BUG develops and becomes wide spread, newer companies are being critical competitors for their market share, making BUG struggle to protect its intellectual properties and the company itself.
Define Legal Protection of Intellection Properties
The four types of legal protections of intellectual property are patent, trademarks, copyrights and trade secrets. A patent is when they register your invention with the government, a process that can take more than a year. BUG, Inc can gain the legal right to exclude anyone else from manufacturing or marketing their products once the patent is approved. Patents cover tangible things (The IDG Network, 2002-2008). They can also be registered in foreign countries, to help keep international competitors from finding out what your company is doing. Patents usually last for 20 years.
A trademark is a name, phrase, sound or symbol used in association with services or products. It often connects a brand with a level of quality on which companies build a reputation. BUG’s logo is a ladybug wearing a set of headphones representing the models it makes. Protection of this tradem ...