What should I know about trademarks and intellectual property?

It is important to understand the differences between trademarks and intellectual property when establishing a small business in Tennessee. A trademark is a symbol, word, or phrase used to identify a specific product or service. It is used to distinguish a company’s goods or services from those of another. The main purpose of a trademark is to protect a business’s brand recognition and its associated reputation. Intellectual property is a different legal concept than a trademark. Intellectual property protects original works such as music, writings, inventions, and artwork. It is a form of property that is created by the mind and is tangible in some form, such as a book or a drawing. Intellectual property laws give creators the exclusive right to control the use and sale of their creations. Tennessee has adopted federal laws which provide creators with the exclusive right to reproduce, distribute, display, and perform their works. It is important to protect both trademarks and intellectual property for your business in Tennessee. Registering a trademark can prevent competitors from using the same or similar marks and protect the public from being confused about who is the source of the goods or services. Also, intellectual property should be properly documented and registered to ensure that the creator is receiving the protection they deserve.

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What should I know about trademarks and intellectual property?

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