What Happens to IP When Someone Dies?
This is one of the major questions people have about intellectual property rights. Are they treated in the same way as other assets when somebody dies or are there different laws at play?
The following articles have been created as part of GHB Intellect’s IP Blog. Here you will find articles that outline current topics in the intellectual property industry like new technologies, patent laws, and IP service insight.
This is one of the major questions people have about intellectual property rights. Are they treated in the same way as other assets when somebody dies or are there different laws at play?
Augmented and Virtual Reality is literally changing how we see the world around us. It wasn’t long ago that everyone viewed AR/VR as nothing more than science fiction. Now, it has become a ubiquitous part of people’s life. The biggest shift was during the COVID-19 pandemic when there was a 50% increase in AR/VR purchases around the world.
China has had some form of intellectual property (IP) protection since the 1980s. However, it is still considered a “second-class” nation in terms of its IP laws and enforcement practices. While there are some notable exceptions, the majority of Chinese businesses do not protect their ideas from being ripped off by other companies
Within the past five years, cryptocurrency has gone from a 25-billion-dollar industry to a multi-trillion-dollar powerhouse. However, cryptocurrency is still in its infancy as a financial institution. Let’s take a look at what cryptocurrency is, the current state of the industry, and what the future may look like with cryptocurrency.
There are a number of different types of intellectual property and they all have specific laws to protect them. But it’s most common for people to refer to the umbrella term of intellectual property when they’re talking about copyright, patents, or trademarks.
A trade secret is a way to protect information from being used by competing companies. The best examples of this are how Coca-Cola has kept their recipe a secret for many years and how KFC protects their 11 herbs and spices recipe.
In a corporate transaction, domain names are often bundled together with trademark rights. A lot of businesses, but not all, incorporate their trademarks into their domain names.
Many businesses choose to hire independent contractors instead of full-time employees. There are lots of good reasons to do this, but as with all choices in business, it’s important to be properly informed.
In order to understand the question, “what is intellectual property theft,” one needs to first understand what is classed as intellectual property. Then once you confidently grasp what intellectual property is, you can have a greater understanding of how to protect your own intellectual property, as well as what you can do to avoid intellectual property theft.
Intellectual property, including patents, trademarks, and copyrights, is not a tangible thing. These assets do not all last forever, and in some cases, they need to be maintained in order to remain something that can be protected under IP.