We’ve all heard the infamous dialogue ‘Identity theft is not a joke, Jim’ from the popular series ‘The Office.’ Apart from the countless funny memes on the same, it has a lot of significance nowadays.
Identity theft may be equated as being more or less similar to stealing someone’s idea. And yeah, we know that ideas don’t have any locks on them, but an idea that is not clearly written down and secured means that anyone can choose to pursue it.
For example, the idea of ‘Facebook’ was actually stolen from its original ideators. But again, the idea of ‘Facebook’ then didn’t have a lock on it that was legally bound. Intellectual property services are truly a boon, and could’ve certainly made the original ideators of Facebook really proud (and rich) today
So, why do intellectual property services matter now more than ever? Read on to find out!
IP offers peace of mind
Once you’ve completed registering your idea, you can chill.
No, we’re not exaggerating. Once you secure your idea with intellectual property services, you would have acquired another important asset – peace of mind.
This peace of mind stems from the fact that you have your idea under a lock. Be it a patent or a copyright, you will get a sense of security.
It paves the way for more innovation
Once you have the element of security, you can go above and beyond with your ideas.
No, do not get IPRs for weird ideas that you have generated after going above and beyond. We’re referring to the increase in innovation because now you know that your ideas are secure.
And as a chain effect, consumers will also get to try newer products as more and more innovation takes place!
It increases the green fuel
We aren’t talking about climate change here.
We’re referring to the universal green fuel – money.
Intellectual property services will ensure that you get a good amount of profit as only you can carry out a certain process/manufacture a certain product in your unique way.
It aids in staying on top
In today’s competitive world with never-ending human wants, competition is neck-to-neck. Firms are continuously evolving, and hence innovation is at an all-time high. Intellectual property services are bound to help you as they act as the guardians of your idea, such that only you have the rights over the idea, and no-one can imitate it.
It drives investments
A good intellectual property portfolio goes a long way. It attracts investors as they realize that you have the capability to innovate, and also safeguard your innovations. Judging by this, investors are more likely to invest in your firm. This is how intellectual property services not only generate green fuel (money), but also aid in driving the green fuel to your company.
So, there you have it. You now have 5 more reasons to get intellectual property services. Do you still need more?
Apart from safeguarding your innovations, intellectual property services also aid in letting you stay on top, attract investors and obviously, help in getting the green fuel. And if you’re looking for expert guidance around your intellectual property, feel free to get in touch with Excelon IP.