In the words of Richard
Branson, “Business opportunities are like buses, there’s always another one
coming.” And since there is no shortage of new ideas coming out of the woodwork
it is quite necessary to have the proper channels set in place to protect what’s
yours. The four methods for protecting your intellectual properties include
trade secrets, copyright, trademark, and patents. My idea is nothing new and
there’s no actual secret ingredient to making it work so there’s no trade
secret involved. I guess the secret sauce in the case of my business would be
the computer code involved but that oversteps the bounds of a trade secret and
sounds more like copyright. That method as well as the other two methods may
very well be viable in achieving their intended use.
I can use trademarking to
protect an image that I use to identify the company logo. I can also use
copyright to protect the computer code involved in the creation of the app service
part of my business plan or the code for transferring computer blue prints to
personal contractors that are partnered with my business. Patents on the other
hand, may generally be the first option that comes to mind when talking about
intellectual property, but the idea behind my business isn’t especially
innovative when compared to Uber, DoorDash, or any other type of app job
service. One the other hand, the method in which I use my app business is quite
different from how other businesses use theirs so it may be possible. I am
after all crowd sourcing the manufacturing of computer parts through the use of
3D printers.
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