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Trademark may be defined as a name,word,device label,signature etc that uniquely identifies a brand manufactured by particular organization from others.Any sign capable of distinguishing the goods or services of an undertaking from those of others may constitute a trade mark.
Well established Trademarks are considered as indicators of Quality.Trademark can be popularized and then registered.If registered mark is used and maintained properly,the registration can last forever. |
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A Patent is an exclusive monopoly granted by the Government to an inventor over his invention for limited period of time.Patent is an idea,inventon whic is new,useful and non obvious.It gives protection to the patentee, enabling him to enjoy the right and to raise the capital for working his invention on a commercial scale.
Patents system helps for industrial growth by introducing new technologies.The scientific knowledge contained in the patent specification helps as a "stepping stone " for further research. |
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