Small Business Encyclopedia

Category: Inventing

Copyright

Definition: Exclusive legal rights that protect works of authorship, composition or artistry. A copyright protects the publication, production or sale of the rights to a literary, dramatic, musical or artistic work or computer program or to the use of a commercial print or label.

Intellectual Property

Definition: The ownership of ideas. Unlike tangible assets to your business such as computers or your office, intellectual property is a collection of ideas and concepts.

Invention

Definition: An object, process or technique that displays an element of novelty. In certain circumstances, legal protection may be granted to an invention by way of a patent.

Licensing

Definition: A business arrangement in which one company gives another company permission to manufacture its product for a specified payment

Patents

Definition: A form of protection that provides a person or legal entity with exclusive rights for making, using or selling a concept or invention and excludes others from doing the same for the duration of the patent

Prototype

Definition: A replica of a product as it will be manufactured, which may include such details as color, graphics, packaging and instructions

Trade Secrets

Definition: Information used by a business, which can be legally protected that is secret to the general public and is critical to the livelihood and success of a business

Trademark

Definition: Any symbol, word or combination thereof used to represent or identify a product. A service mark means the same thing, but identifies a service.

Free Business Tools

Forms

Forms

Download and customize these free forms:

Partnership Agreement

Cashflow Worksheet

Employment Application

Calculators

Calculators

Evaluate and analyze your financials:

Cash Flow

Starting Costs

Discounted Cash Flow

Ads by Google

Latest Articles

Samuel Adams Brewing the American Dream Partners with Entrepreneur to Host the Program's Pitch Room Wild Card Competition
Pitch contests

Samuel Adams Brewing the American Dream Partners with Entrepreneur to Host the Program's Pitch Room Wild Card Competition

Small business owners to give their best sales pitch on Entrepreneur.com. Online voting determines who competes in the finals.
Samuel AdamsĀ®
5 Affordable Benefits Employees Appreciate But Few Companies Offer
Benefits

5 Affordable Benefits Employees Appreciate But Few Companies Offer

Companies that help employees with small daily challenges and support their personal development attract better talent and earn staff loyalty.
Matt Straz
Small Businesses and Startups Have More in Common Than You Think
Entrepreneurship

Small Businesses and Startups Have More in Common Than You Think

At the heart of both of these business models are six core qualities entrepreneurs need to succeed
Jason Richelson
3 Reasons You Should Sell Your Business
Selling a Business

3 Reasons You Should Sell Your Business

Owners who ponder over selling their business do not always do so out of financial desperation or trouble but usually because they are looking for the next opportunity.
Pamela Wasley
5 Key Outlets for Building a Strong Personal Brand
Personal Branding

5 Key Outlets for Building a Strong Personal Brand

Any opportunity you have to show off your personality, meet new people or share new content can be considered a viable outlet for your personal brand.
Jayson DeMers
Amazon Must Face Trademark Lawsuit Over Search Results
Legal Issues

Amazon Must Face Trademark Lawsuit Over Search Results

A watchmaker says the online retailer's search results can cause confusion for potential customers.
What I Wish All My Employees Knew About Twitter
Twitter

What I Wish All My Employees Knew About Twitter

Here are the nine basics everyone needs to know to get started on the micro-blogging platform.
Josh Steimle
A Starbucks Price Hike Means Your Coffee Order Just Got More Expensive
Starbucks

A Starbucks Price Hike Means Your Coffee Order Just Got More Expensive

The cost of a cup of Starbucks coffee is increasing by 10 cents.
Kate Taylor
Become a Networking Beast by Following This 5-Step Plan
Networking

Become a Networking Beast by Following This 5-Step Plan

Networking is a major part of being a successful entrepreneur, so it's in your best interest to get good at it -- really, really good at it.
Jonathan Long
What Star Jones Is Doing to Push Diversity in the Workplace
Workplace Diversity

What Star Jones Is Doing to Push Diversity in the Workplace

The former View host has made it her business to help companies make it easier to get qualified, diverse employees.
Jason Saltzman
6 Resources Content Strategists Could Use to Find New Ideas
Content Marketing

6 Resources Content Strategists Could Use to Find New Ideas

These tools will inspire marketers by leveraging real time data to identify the most relevant and engaging content topics.
Peter Gasca
Lessons From 4 Unique Female Celebrities to Make Your Brand Stand Out
Celebrities

Lessons From 4 Unique Female Celebrities to Make Your Brand Stand Out

Lady Gaga, Madonna, Rihanna and Katy Perry have legions of dedicated fans. Why not follow their examples?
Deborah Mitchell
The Fresh Approach of Google's Star Recruiter
Hiring

The Fresh Approach of Google's Star Recruiter

Three hiring pointers from the man who took Google from 3,000 to 53,000 employees
Mariah DeLeon
Use These 8 Lesser-Known Marketing Tools to Help Spread the Word
Online Marketing

Use These 8 Lesser-Known Marketing Tools to Help Spread the Word

If you're looking to get more ROI out of our efforts this quarter, try some of these apps.
Sujan Patel
More Articles

About Encyclopedia

No matter what business topic you're interested in, you'll find our category list is an easy way to navigate our small-business encyclopedia. From Accounting and Advertising to Location and Operations, every topic offers information on the terms that matter most. And if you can't find what you need here, our "Terms A - Z" list makes tracking down terms a snap.

Ads by Google