Back to Encyclopedia

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.
Read More

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.
Read More

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.
Read More

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
Read More

Licensing

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

Prototype

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

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
Read More

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.
Read More

Popular Articles

5 Strategies from Ancient Chinese Warfare to Help Us Thrive in Changing Times

The strategies are surprisingly relevant to the current business climate.
Leadership

7 ideas to learn about leadership by playing with the Rubik's cube

Originally called a "magic cube", it is considered the world's best-selling toy, with some 500 million pieces.
Interview

Entrepreneurship in the pandemic is always a challenge, even for Martha Debayle

The Mexican announcer and businesswoman looks to the future in a difficult time for the world with a new proposal.
Leadership

3 Secrets to Building a Winning Sales Culture

Time to shake free of historically misguided beliefs.