How to Protect an Idea



How to Protect an Idea



From page 54 of the July 2008 issue of "Money," by Hibah Yousuf.


Compiled by David Barth, July 15, 2008



Copyright


What it Protects


A copyright protects an original work, published or unpublished, that has been recorded in a lasting form.


Examples of Copyrighted Works


  • Books
  • Plays
  • Musical compositions (for example, the song, "Happy Birthday")
  • Works of art
  • Architectural plans
  • Computer programs


How to File for Copyright Protection


Apply directly to the US Copyright Office. Forms and information can be found at copyright.gov. The procedures are easy to follow for most works. With your application, you must include a copy of the material you wish to copyright.


Cost of a Copyright


The cost to obtain a copyright is $35 if you apply online and $45 if you apply by mail.


Patent


What it Protects


A patent protects new or improved and useful processes, machines, or products.


Examples of Patented Items


  • Bottle opener design
  • Corkscrew design
  • Process to manufacture memory chips


How to File for a Patent


Apply directly to the US Patent and Trademark Office. Forms and information can be found at uspto.gov. Few patents get accepted because the item is not unique or a patent search has found similar items that are already patented. To apply, describe the invention in detail. Hire a patent attorney to edit your application to insure that it is complete. It is best to file a provisional patent which covers your patent for one year. This saves about 80 percent in fees in case your patent request is rejected.


Cost to obtain a Patent


The cost to obtain a patent is $800 to $1,000 for a provisional patent and $4,000 to $5,000 for a full patent.


Trademark


What it Protects


A trademark protects a distinctive form of identification of a product or service.


Examples of Trademarked Items


  • Coca-Cola script
  • "Windex"
  • "Kleenex"
  • "Xerox"
  • "Formica"
  • "IBM"
  • "NFL"


How to File for a Trademark


Apply directly to the US Patent and Trademark Office. Forms and information can be found at uspto.gov. Trademark applications are often done in conjunction with an application for a patent. Names that are in a dictionary, such as "cars" for an automobile company, are not likely to be approved. That is why many trademarks are misspelled words, invented words, or a combination of words pushed together.


Cost to obtain a Trademark


The cost to obtain a trademark is $325 if you apply online and $375 if you apply by mail.