Patent vs Design – Which IP Right is Right for You?
In today's competitive world, protecting your innovation is just as important as creating it. Entrepreneurs, designers, and inventors constantly seek ways to secure exclusive rights over their creations to prevent unauthorized use. Two major forms of intellectual property (IP) protection often considered are patents and design rights . But which one is the right fit for your product or idea? In this article, we’ll explore the key differences between patents and design rights , when to choose each, and how these protections can benefit your business. 1 . Understanding Intellectual Property Rights (IPR) Intellectual Property Rights (IPR) refer to the legal protections granted to creators and inventors for their original work. These rights encourage innovation by offering exclusive commercial benefits for a certain period. Among the various types of IPR, patents and industrial designs (design rights) are two commonly used forms that serve different purposes: Patents protect the...