
Difference Between Patents and Trademarks
Both patents and trademarks protect your company’s intellectual property, but they apply to different types of ideas. A patent protects your inventions and ideas. You may have devised a product or a process that you want to keep for yourself because you have taken the time and invested the effort to devise it. The goal of a patent is to promote and protect innovation. You would hold the exclusive right to use your patent, or you can license it to someone else in exchange for royalties. The patent process can be difficult and time-consuming, but you need to obtain a patent in order to get the full protection. In order for something to be patentable, it must be a new and useful invention that is not obvious to others. Patents…










