Legally Protecting an idea. The service sector or industry is borne
out of a consensus of laws, rules and regulations, giving rights to ownership
of skills and talents. The right to oversee professions, to practice law,
license as a medical practitioner, operate specified facilities, certify
accounts and other professional documents, are established in law. Further
executing works or inspections, which requires advance training or higher
education, to develop and for the monitoring of talents will also need the
protection of laws. But one only has rights they can defend. Proving in a
jurisdictional court that this idea is yours, can be a daunting task. Hence the
need to patent it.
Developing a profitable industry model. Firstly, requires the legal
framework to assign a patenting body, in concert with the global body, to
research and register the idea. The legislature, having established the law,
relies on the executive branch to implement and fund this registry, which will
search the world for similar ideas, compare them before denying or issuing a
patent. The policing of such protection orders is very difficult and requires
the patentholder to be on the lookout for similar ideas and the use of such
globally. Patents, Copyrights, Trademarks, Royalties, and other legally binding
protection instruments are generally licensed to users at a fee.
Using one idea to fund Research and Development of other ideas is
commonplace but illegal. Permission must be granted from the original
patentholder. Permission for use of the ideas in commercial products is
different from permission to use the idea to better it, and the fees for such
must be greater. They are people engaged in this theft of ideas, from the
architect visiting historical buildings to the interior designer staying in
hotel rooms. From the pharmaceutical chemist making cheap drugs to the handbag
manufacturer stealing top line designs. All new ideas have a very short shelf
life.
Licensing the patented idea to earn revenue. There are numerous
models applied across multiple sectors and industries, negotiated between the
patentholder and the patent-user. For example, copyrights of music and others
in the creative service sector are mostly owned by producers, and not by the
talented creators. Whereas, ownership of software is generally transferred from
talented employees to the large-scale employer, for global sales and mass
distribution. Licensing each product for personal and individual or for
broadcast or corporate use. With a calculated percentage of the sale price
considered as Patent Fees.
A service sector which owns and earns via the patenting and securing
of ideas is growing worldwide, as part patents are issued. Patented and registered
trademarks on unique words, designs and artistry are listed as Brands. Such
brands are secured similar to printed currency and protected in much the same
ways. These brands are further used on parts and products, which are also
patented, resulting in a promoted high-quality finish product and parts
thereof, all branded for security, warranty and customer assurance. Further, protecting
and preserving the idea and its revenue, for the service sector developer, idea
promoter and patentholder, as an Economic Driver.
Rationale
T.A.J &
Associates Company Limited uses this occasion
to comment on topics that have been covered, both academically and by the mainstream
media, to add its opinion and point out investment opportunities, not to invoke
any social action.
