Skip to main content

Your property rights when it comes to innovation

Image courtesy of Stuart Miles at

Hello readers, today we are talking about intellectual rights. You have innovated a product but you are thinking others might copy your ideas. You do not want that to happen yet cause you want to recover cost of research and the likes. Here are the property rights you can obtain.

You can obtain this type of intellectual property right when you have invented a product (goods and services).  This will prevent individuals from making use of your invention for a period of time. It is usually for a period of 20 years, at least I can tell you that for sure when it comes to USA, UK and Nigeria. You have to register for it.


This are designs that helps seperate goods from other goods. It could be a logo or a word. It helps potential customers identify your brand. You can register your trademark but it is not compulsory.

This is obtained by artists, writers and the likes. It covers music, literatures, drawings and the likes. The moment you create the work you have the copyright so you do not have to apply for the copyright.

Trade Secrets
This protects your company's coded formula. By that I mean the process you adopt to stay competitive in the market. It could be a recipe formula. Trade secrets can only kept if you adopt measures to protect as they cannot be registered. I guess it, it would no longer be a secret.

Keep checking out my blog regularly. Cheers


Popular posts from this blog

Work-life balance: all should attain it

Hello readers, today I will be writing about work-life balance. According to, work-life balance "is a comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle." All work and no play makes Jack a dull boy, thus, you should find a balance between work and play. Here are some tips to help you achieve it.
1. Do not check your email (work) after working hours, this will help improve the quality of time you spend with your family and friends. Thus, you should not be distracted by work when spending time with your family and friends. 
2. When you decide to improve the situation of your work life balance, take it one step at a time. For example if you do not get to spend time in the evenings with your family during the week days due to coming back late from work, you should decide to spend one day a week and gradually increase it to two and then three till you get to spend the…

Eid Mubarak

The world of competence

Hello readers, it has been a while. Hope you did not miss me much, the good news is I am back now. Today, I will be writing about competence.
Competence is the ability that enables a company or an individual to deploy its resources effectively. It is neccessary for a company to have a competence target in all its business activities so as to deliver value to its customers. This will help create a competitive advantage for the company.
Competencies must provide value to customers. It must be unique or able to develop greatly or be better than that of competitors. New products and services must be able to be developed as a result of the competence. It must be difficult for other competitors to obtain or imitate.
Continually producing high quality products can make a company become a market leader (which is a core competence) as it provides a company with a competitive advantage. With high quality, higher prices can be demanded by the company from customers and the company will also be able…