{"id":28071,"date":"2024-02-16T03:00:50","date_gmt":"2024-02-16T11:00:50","guid":{"rendered":"https:\/\/writersfunzone.com\/blog\/?p=28071"},"modified":"2024-02-13T09:15:48","modified_gmt":"2024-02-13T17:15:48","slug":"what-is-intellectual-property-by-kelley-way","status":"publish","type":"post","link":"https:\/\/writersfunzone.com\/blog\/2024\/02\/16\/what-is-intellectual-property-by-kelley-way\/","title":{"rendered":"What is Intellectual Property? by Kelley Way"},"content":{"rendered":"<p><a href=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2024\/02\/What-is-Intellectual-Property-by-Kelley-Way.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-28072 size-full\" title=\"What is Intellectual Property? by Kelley Way\" src=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2024\/02\/What-is-Intellectual-Property-by-Kelley-Way.png\" alt=\"What is Intellectual Property? by Kelley Way\" width=\"300\" height=\"300\" srcset=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2024\/02\/What-is-Intellectual-Property-by-Kelley-Way.png 300w, https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2024\/02\/What-is-Intellectual-Property-by-Kelley-Way-80x80.png 80w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Let\u2019s welcome back monthly columnist <a href=\"https:\/\/writersfunzone.com\/blog\/?s=Kelley+Way\" target=\"_blank\" rel=\"noopener noreferrer\">Kelley Way<\/a> as she shares with us \u201cWhat is Intellectual Property?\u201d Enjoy!<\/p>\n<p><span style=\"font-weight: 400;\">***<\/span><\/p>\n<p><strong>I throw the term \u201cintellectual property\u201d around quite a bit<\/strong>, but non-lawyers may not be quite as familiar with the term.<\/p>\n<p>Let me explain what intellectual property is and the four main types of intellectual property.<\/p>\n<h2>Creations of the Mind<\/h2>\n<p>\u201cIntellectual property\u201d refers to creations of the mind \u2013 things that can be bought or sold and have economic value but are not physical items you can touch.<\/p>\n<p>(Accountants call them \u201cintangible assets,\u201d which are basically the same thing for our purposes.)<\/p>\n<p><strong>While there may be more types of intellectual property that I\u2019m not thinking about, <\/strong>they mostly come in four flavors &#8212; copyrights, trademarks, patents, and trade secrets.<\/p>\n<p>Copyrights protect creative expression &#8212; books, movies, music, art, etc.<\/p>\n<p>Since the point is to protect the products of your creative genius, only the creative aspect gets protection &#8212; for example, a book\u2019s copyright will not protect the facts and ideas within the book, but it will protect the language used to express and explain those ideas.<\/p>\n<p><strong>In the same way<\/strong>, a copyright for artwork created from an underlying image will only get protection for the elements that were added to the image (but if the original image has a copyright, it\u2019s still protected under its own copyright).<\/p>\n<h2>Protecting Your Brand<\/h2>\n<p>Trademarks protect your brand in the marketplace.<\/p>\n<p>Logos, company names, product names, and slogans are all things that can be protected under trademark law.<\/p>\n<p><strong>The idea here is to ensure buyers know who they\u2019re buying from<\/strong>, and sellers can build a reputation around their brand so people want to buy from them.<\/p>\n<p>Essentially, anything you use to identify yourself in the marketplace can potentially get trademark protection.<\/p>\n<p>Patents cover things of a more scientific nature &#8212; processes, formulas, inventions and the like.<\/p>\n<p><strong>It still has to be original to the inventor<\/strong>, so you can\u2019t patent sliced bread, but if you come up with a machine that slices and dices in a way no one has thought of before, then you can patent it.<\/p>\n<h2>Trade Secrets<\/h2>\n<p>Trade secrets are just like they sound.<\/p>\n<p>These are company secrets that are kept under lock and key, like the Coca-Cola recipe.<\/p>\n<p><strong>Trade secrets never expire; they stay protected until the secret gets out.\u00a0<\/strong><\/p>\n<p>Companies can get into serious trouble if they use underhanded means to discover their competitor\u2019s trade secrets.<\/p>\n<p>Of course, there\u2019s much more to say about each of these intellectual property subsets, but that\u2019s a basic overview of each one.<\/p>\n<p><strong>If you\u2019d like to learn more about intellectual property or have questions about your own<\/strong>, please feel free to contact me at <a href=\"mailto:kaway@kawaylaw.com\" target=\"_blank\" rel=\"noopener\">kaway@kawaylaw.com<\/a>.<\/p>\n<p>***<\/p>\n<p><span style=\"font-weight: 400;\">Want to read more articles like this one Writer\u2019s Fun Zone? <\/span><a href=\"https:\/\/writersfunzone.com\/blog\/contact-beth\/#signup\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Subscribe here.<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">***<\/span><\/p>\n<h2>ABOUT THE AUTHOR<\/h2>\n<p><a class=\"\" href=\"https:\/\/writersfunzone.com\/blog\/2019\/06\/07\/what-do-i-need-to-know-about-the-california-consumer-privacy-act-ccpa-by-kelley-way\/kawaylaw.com\" target=\"_blank\" rel=\"kawaylaw.com noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-19891 tc-smart-load-skip tc-smart-loaded\" title=\"Kelley Way\" src=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2018\/08\/way18CRWEB-240x300.jpg\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" srcset=\"https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2018\/08\/way18CRWEB-240x300.jpg 240w, https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2018\/08\/way18CRWEB-640x800.jpg 640w, https:\/\/writersfunzone.com\/blog\/wp-content\/uploads\/2018\/08\/way18CRWEB.jpg 700w\" alt=\"Kelley Way\" width=\"150\" height=\"188\" \/><\/a><\/p>\n<p>Kelley Way was born and raised in Walnut Creek, California. She graduated from UC Davis with a B.A. in English, followed by a Juris Doctorate. Kelley is a member of the California Bar, and an aspiring writer of young adult fantasy novels. More information at <a href=\"http:\/\/kawaylaw.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">kawaylaw.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How can intellectual property protect our writing? Kelley Way returns to demystify intellectual property, trademarks, and trade secrets.<\/p>\n","protected":false},"author":12,"featured_media":28072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[4659],"tags":[939,934,5619,1043,5409,5618,1419],"class_list":["post-28071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-intellectual-property","tag-kelley-way","tag-lawyer","tag-legal","tag-legal-tips","tag-trade-secrets","tag-trademark"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is Intellectual Property? by Kelley Way &#183; Writer&#039;s Fun Zone<\/title>\n<meta name=\"description\" content=\"How can intellectual property protect our writing? 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