Practice question · Put in order
A startup with one product must fence its intangibles on a budget. Order the steps of a sensible IP strategy.
- Register the trademark and design
- Inventory the intangibles: invention, name, look, code
- Calendar the renewal fees
- Check novelty and prior trademarks in the registries
- File the patent before any public disclosure
Hints
- You cannot protect what you have not listed.
- Public disclosure before filing destroys a patent’s novelty.
Show the answer
- Inventory the intangibles: invention, name, look, code
- Check novelty and prior trademarks in the registries
- File the patent before any public disclosure
- Register the trademark and design
- Calendar the renewal fees
Why
Inventory → search → patent first (disclosure kills novelty) → register the rest → never miss a fee. Most IP value is lost not in court but in skipped step 2 and forgotten step 5.
Practise Industrial and Intellectual Property
The app has 8 more questions on this lesson, and keeps your place in the course. Business I is free to start.
More questions on Industrial and Intellectual Property
- Coca-Cola never patented its formula and has protected it for over a century. Patent protection lasts twenty…
- A patent expires and enters the public domain; a trade secret can last forever. Why would a firm ever choose…
- Order the life of a patented invention.
- Renewable or doomed to expire? Sort each right.
- A trademark can be renewed indefinitely while a patent cannot be renewed at all. Why does the law treat the…