Is it important to register a product?

Is it important to register a product?

Why it is important to register a patent

“The trademark is an effective instrument to distinguish our products in the market and differentiate them from others that exist in it, avoiding confusion among consumers,” says Maximiliano Santa Cruz, national director of INAPI.

No, everyone must decide whether to register their trademark or not, and whether to renew them. However, Maximiliano Santa Cruz maintains that “only those who have a registered trademark in force will be able to make use of the industrial property rights and the enforcement measures contemplated in the Industrial Property Law”.

20/10/2021Credit Insurance seeks to protect companies from the risk of non-payment of loans granted to their clients, both in the domestic and foreign markets. This risk is the probability of a loss occurring due to the non-payment of sales to the domestic and foreign…

11/08/2021Following our commitment to the empowerment of women and in alliance with our allies Mujeres Empresarias, last August 5th we started the cycle of digital meetings for entrepreneurs “Pyme Mujer, Opportunities and Challenges in the Post-Crisis Era”….

What is the importance of registering a trademark?

The registration of your trademark in Mexico will allow you to have the exclusivity of the commercial use of the name and logo of the trademark. No one else will be able to use it in the same type of products or services for which your trademark is registered.

What does it mean for a company to patent a product?

A patent grants its owner the exclusive right to prevent others from commercially using the patented invention, thereby reducing uncertainty, risk and competition from imitators.

See also  How do I check my timing belt number?

What happens if a trademark is not registered?

As part of the consequences, the Institute’s specialist warned that those who do not carry out this exercise may reduce their growth in the market and may even be prohibited from continuing to use that trademark, in the event that it is proven that there is another identical one in the country that already has the registration.

Why is it important to register a trademark in indecopi?

Registering a trademark is of vital importance for our companies, since it is the best intangible asset we can have. This is within the category of distinctive signs and identifies the products or services of a company or an entrepreneur.

Choosing the brand: The brand must be strong, lasting over time. It can reflect the values of the company, it can contain different nominative or graphic elements. Once chosen, it is important to verify that it is registrable.

The payment of the official fee: The procedures before the Superintendency are services that involve a value called fee. This entity issues annually a resolution in which it fixes the fees associated with the Industrial Property procedures and services.

The completion of the corresponding form:  The Superintendency has forms for the procedures it carries out, which include all the information and documentation that must be provided.

How long does it take to register a trademark?

In Mexico, the process of registering a trademark can take from 4 to 6 months, but if the IMPI points out any impediment to obtain the registration or if the application was not filled out properly, this time could be extended for another 6 months.

What is the procedure for registering a trademark?

Step by step to register your trademark with IMPI

Obtain your FIEL as a natural person. Register to obtain a username and password. Capture the application. … Wait for the response from the Institute as you can be notified through your Electronic Board in Marca en Línea.

What is patenting example?

Inventions consisting of products, processes, methods of manufacture, machines or apparatus obtained therefrom are protected. For example, a new formulation for a pharmaceutical product, a machine or a process for obtaining a product may be applied for patent protection.

See also  How can I check the owner of a vehicle in Kenya?

Trademark registration

Before answering the question previously stated, it is important to understand its definition and regulation in the Colombian territory, taking into account that Colombia is part of the Decision 486 of the Andean Community, which regulates the above.

A trademark is a patrimonial good that serves to identify and associate products or services in the market, with a figure, a name, a color, a sound or even a smell. The above, in accordance with the “International Classification of Goods and Services for the Registration of Marks”, established by the Nice Agreement of June 15, 1957.

The creation of a trademark may generate a series of rights for its owner. And I say can, because the mere creation of it does not grant these rights. This is due to the fact that industrial property is governed under a system that implies, as a requirement for the granting of rights and protection of trademarks, their registration before the competent entity.

The Superintendence of Industry and Commerce (SIC) is the competent entity in Colombia for the recognition of distinctive signs. The holder must process its application for registration by filling out a form, indicating the type of trademark, the products or services to be distinguished, pay the established fees and, in general, follow the conditions and times established by this authority.

What can be patented in Spain?

New inventions that involve an inventive step and are susceptible of industrial application may be patented. … In addition, the invention must be capable of being carried out in practice by a person skilled in the art, for which purpose it must be described in a sufficiently clear and complete manner in the application.

What benefit do you get from patenting an invention?

The main advantage or utility of patents lies in obtaining exclusivity to produce, license or sell the product (or process) created, which minimizes the number of unauthorized reproductions and, if necessary, may allow the initiation of proceedings for infringement of intellectual property rights, as well as the …

What are the disadvantages of not registering a trademark?

Since your trademark is not registered, it cannot be assigned, serve as a guarantee or be part of a franchise, since there is no ownership to back it up. This represents a loss of business opportunity. Avoid confusion. You must avoid at all costs the entry of a trademark similar to yours.

See also  How do I get a refund from active com?

Benefits of registering an impi trademark

It is a type of trademark used by associations of producers, manufacturers, service providers, organizations or any group of persons to inform the common characteristics of the products or services of the members of that collective body.

The trademark allows consumers to identify the product or service and remember it, so that they can differentiate it from the same or a similar one offered by another entrepreneur. Consumers are more likely to purchase a product whose brand they remember than those they cannot identify.

Likewise, the brand represents in the consumer’s mind a certain quality of the product or service, as well as brings some emotion to the consumer. Therefore, it is the perfect means to project the image of the entrepreneur, his reputation and even his business strategy. Specifically, a brand:

The first thing recommended to classify a product or service is to verify its location within the classes by going in its order to the list of classes, then to its explanatory notes and the alphabetical list of products and services.