Yes, if any or part of your company’s success depends on its intellectual property from designing eye catching products, your company should obtain an industrial design registration. Without a proper intellectual property protection strategy, your company’s existence may be short-lived. With the proper intellectual property protection, your company will have exclusive rights to the industrial design.
Industrial designs:
- can protect you against copying;
- can earn licensing revenues;
- may be used as leverage in negotiations; and
- may be used as a defence in intellectual property infringement litigation.
Lastly, research has shown that ownership of registered intellectual property significantly increases the market value of a company. An industrial design registration can become a valuable asset to your company. Get in touch with our intellectual property law firm to learn how you can make your industrial designs work for you.
