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IP Management

What IP Really Protects

Most of your ustomers do not buy your intellectual property rights. They buy your solution to their problem at their conditions. IP still matters for protection, but what do they protect from the view of your customer?

Patents

Customers have problems that they want you to solve. Do it faster, cheaper, better. That's why they come to you.

A patent protects your technical solution. It protects how you solve that problem.

The customer in general does not care about how you solve it. The patent just protects you from being copied so that the customer comes to you. Moreover, it protects your investment to find the solution and you do not want you competitor to have to solution without the investment.

Trademarks

Oftentimes customers rely on the reputation of their supplier. They had good or bad experiences or heard somehing good or bad about... Yeah, about what. Sometimes about a person (good docter, lawyer), but moreoften about a brand: Mercedes makes good cars or bad ones for that matter.

In that sense a trademark is a label for the market to assign value to

Trademarks label your company so that the market can identify you and an understanding grows that you are good, bad, cool, cheap, etc.

Designs

Before customers read a single spec, they see your product. The look, the shape, the feel in the hand. They form an impression in seconds, and often that first impression is why they pick you.

A design protects how your product looks. It protects the shape and the appearance you give it.

The customer in general does not analyse why a product appeals to them, they just respond to it. The design just protects you from being copied so that the look stays yours. Moreover, it protects the work you put into that appearance and you do not want your competitor to have the image without the effort.

Three Rights, One Purpose

Patents, trademarks, and designs protect different things: the solution, the trust, and the image. But they share one purpose, protecting the value a customer sees in your business. Seen this way, IP stops being a legal cost and becomes what it really is: a way to defend what your customers care about most.

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