Brexit and IP – How can you protect your intellectual property?
You insure your property and have contracts with suppliers and customers for the sale and purchase of goods but what are you doing to protect your ideas, services and products?
Assets that cannot be seen – including design rights, patents, trademarks and copyrights – have immense value to businesses and can be protected.
They are known as ‘intellectual property’ and there are steps you can take to ensure that you have exclusive control to utilise and exploit these assets for your benefit.
At the current time it is unclear whether trademarks registered in the EU would be applicable to the UK in the future.
If you own any intellectual property rights, check with your solicitor or IP adviser to ensure you will be protected from 1st January 2021.
To help SMEs prepare for Brexit, we have produced some useful materials including:
- reparing for Brexit: A Guide for SMEs (including helpful links to tools and further resources); and
- A 15-point Action Plan.
If you would like a copy of the guide or the 15-point Action Plan, please get in touch.