Understanding Patents and Trademarks: Key Protections for Innovation and Branding

A patent is essentially a government-granted right that allows the holder to prevent others from making, using, selling, or importing a particular invention for a set period of time. This protection encourages innovation by ensuring that inventors have exclusive rights to their creations.

On the other hand, a trademark pertains to branding. It provides legal protection for symbols, words, or logos that distinguish one entity’s goods and services from those of others. Trademarks are crucial in preventing consumer confusion, allowing businesses to maintain a unique identity in the marketplace.