As technology is moving at a fast pace and so as innovations new inventions are taking place every single day. But it is very important to protect these inventions from, getting misused and duplicated. For this, the owner of the property must get it registered in their name with suitable intellectual property rights. These rights protect your invention and give you ownership rights over it.
Must have qualities that qualify an invention to be an IP?
Are you confused about which attributes qualify your asset as intellectual property? The below-stated points can help you:
Novelty
It is the most important factor. Your idea or asset will be considered intellectual property only when it is new or based on a new concept. The concept should not have been explored earlier by any other person.
Useful and constructive
For an asset or idea to be registered as an intellectual property the asset must be useful and constructive in nature. It should not be harmful fr society. Also, the idea should be useful and beneficial in the accomplishment of a task. Usefulness will be measured from a social welfare point of view.
It should be unregistered
For an asset or an idea to be registered in your name it should be unregistered in the beginning. It should be registered in any other person's name before this. Also, the idea should not be similar to any other person’s creation.
How to Protect your intellectual rights
Being the owner of your property and protecting it from unauthorized usage is your right as well as your duty. Here are certain ways you can adopt to protect your IP rights :
Choose a suitable IP
Every invention is different and the I[P you need to get in order to protect it is also different. You need to understand the nature of your invention and then find a suitable intellectual right to protect it from getting duplicated.
Get valid evidence
Without proper paperwork, you cannot claim your IP rights on a property. Therefore you must have papers with you that you can use to prove your ownership of your invention.
Exercise your rights
Rights are useless if not exercised. You should check if any unauthorized person is using your invention for their personal use without your permission then you should use your legal rights and save your assets.
Summing Up
These were some basic details about what can be considered an IP and how you can safeguard your property rights. You must aware of how you can exercise your rights as an owner and creator of the invention. Have up-to-date and valid documentation ready with you to prove your ownership of the invention. Also, make sure your invention is new and innovative in nature. It should be helpful for society.