Trademark Assignment and Protection in Global Markets
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This text discusses trademark assignment and protection in global markets. It covers the importance of prompt registration, translation of trademarks, and maintenance of appropriate records. It also explains the factors used to consider if a trademark is renowned in Singapore. The text provides references for further reading.
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TRADEMARKS1 Trade marks assignment Name: Institution: Date:
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TRADEMARKS2 B4). In the global government, the laws are local and territorial in nature. Every nation is ruled through its peculiar domestic laws. Therefore, if the company manufacturing the camera wants to diversify abroad, it should seek patent protection in the nations, filing for patent protection in the nations separately. In order to protect your trademark in another nation, it is central to understand how trademark registration in that specific nation functions in relation to Singapore. It is also important for the company to familiarize itself with the regulations and rules of these countries in which they intend to diversify into. (Page C9) Commercializing abroad Licensing is a contract that certificates a foreign corporation to use trade property, technicalskills,engineeringandarchitecturaldesigns,oranysuitablecombinationthe aforementioned in an overseas market. The industry property will include the copyright patents and trademarks. The licensing contract will also comprise the practicality training instructions, practical advice from licensors. Here, the copyright holder may offer licenses of a few rights to handlers of the patent based on region, period and kinds of applications. The copyright proprietor will be given licensing charges (Grannis & Thilmany, 2000). Assignment: A patent proprietor might decide to apportion some rights to certain parties for valued reflection. The party assigned the rights will use copyright materials for the purposes of business. Franchising provides a way for corporate to expand in fresh market with a better level of administration, low cost and reduced risks as they are in a position to invest in the appropriate knowledge and equipment. Thus, franchising is an approach with extraordinary incentive to the franchisees and adapting experiences and local market information (Kim et al., 2012) (Page C27-28).
TRADEMARKS3 Practical matters to be taken into consideration Prompt registration Owing to the first come first served registration arrangement, the result of any dispute on the trademark predominantly depends on who put the registration first in any country including US, China and Malaysia. Therefore, companies intending to diversify into these countries ought to register early, mainly because the registration might take longer sometimes. Translate the trademark to protect it It is more complex register a brand name of a company as its trademark especially in China because the firms must translate the trademark names into Chinese language in order to sell in China. Registration using the English names only may not be enough the countries may have different interpretations. Maintenance of appropriate records The company should preserve all trademark associated records and other documents in all offices, including the offices in the countries where they have diversified, to be able to contest any potential squatters of their trademark and also to enable renewal, alteration or even cancellation. (Page C29). B5. In case any person residing in Singapore wants to apply for a patent outside the country, they are supposed to written to the Registrar so as to make a request. As an substitute to gaining the written permission from the Administrative officer to apply for a patent overseas, a Singapore resident may apply for the patent within Singapore initially and if after a period of two months from the application within Singapore, the Administrative officer fails to dispute or
TRADEMARKS4 direct that the applicant be restricted or prohibited from accessing the communication or publication of material enclosed within the patent request, the candidate may carry on to and apply abroad for that patent to cater for that discovery. (Page A28-29) Renowned trademarks are provided with protection in “Section 55 of the Trademarks”. This applies even if the trademarks are unregistered or if registration application has been filed (Ryan, 2010). The factors mentioned below are used to consider if a trademark is renowned in Singapore: The level of recognition by the pertinent division of the municipal in Singapore The length of time and geographical region of promotion and use of the trademark Any application or registration for use within any nation
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TRADEMARKS5 References Grannis, J., & Thilmany, D. (2000). Marketing Opportunities for Natural Beef Products in the Intermountain West.Agricultural marketing report (Colorado State University. Dept. of Agricultural and Resource Economics); AMR 00-02. Jajpura, L., Singh, B., & Nayak, R. (2017). An introduction to intellectual property rights and their importance in Indian context. The World Bank Kim, Y. K., Lee, K., Park, W. G., & Choo, K. (2012). Appropriate intellectual property protection and economic growth in countries at different levels of development.Research policy,41(2), 358-375. Maheshwari, V., & Bhatnagar, P. (2008). Small scale industries and IP management: Need to recognize intellectual assets. The World Bank Ryan, M. P. (2010). Patent incentives, technology markets, and public–private bio-medical innovation networks in Brazil.World Development,38(8), 1082-1093.