2. Intellectual property or intellectual ideas are created in the human mind.
Patents, copyrights, or trademarks only protect the end result of an idea
and not how the idea materialised.
Your design of a solar powered smartphone may be patented, but not the
idea.
Your story or manuscript of a novel can be copyrighted, but not the idea
of the book.
When you start a new company, your logo and tagline is trademarked, not
the idea of creating your logo or tagline.
3. Trademark protects a name, word, slogan, symbol, design, and/or image
identifying a business or brand and distinguishing it from others in the
same field.
Business and product owners register their trademarks to enhance their
rights to a public notice of ownership . It includes anything used by the
producer to distinguish his or her product from other competitive products
in the market.
A trademark is anything that helps to identify the uniqueness of the brand
and guarantees its authenticity.
4. Creators such as authors, artists, programmers, architects, and other creative
professionals can get copyright protection for their works.
Whilst an idea cannot be copyrighted, the tangible form of an idea can be. This
includes original works of authorship, photographs, sculptures, designs, architectural
works, sound recordings, motion pictures, software codes and other creative works.
Copyright provides a person with legal evidence and public notice of ownership. The
rightful owner has the rights to print, publish, copy, licence or market his or her
intellectual work. It protects books, music, movies, paintings, photographs, songs,
dances, novels, etc. fixed to the form of expression.
Software codes when documented in written or saved in an acceptable digital format
can also be copyrighted. The acceptable digital format in Nigeria is storing on a CD.
6. DIFFERENCES
COPYRIGHT TRADEMARK
Copyright covers original
works of authorship, literary,
artistic, musical, architectural
and other creative works.
Trademark protects a name,
word, slogan, symbol, design,
and/or image identifying a
business or brand.
7. DIFFERENCES
COPYRIGHT TRADEMARK
Copyright is automatically
owned by the creator or the
rightful owner of a work but
registration shows evidence
and protects against
unauthorised distribution.
Whilst goodwill of a product
may occasionally be
recognised by an adjudicator
for an extremely popular
product, for most businesses,
until registered, you can’t lay
claim to owning a mark
8. DIFFERENCES
COPYRIGHT TRADEMARK
In Nigeria, copyright is issued
for the lifetime of a rightful
owner, plus an extra 50 years
for films, photograph, sound
recording and broadcast or 70
years for literary, artistic and
musical works.
In Nigeria, registered
trademarks are issued for a
period of 7 years, but it
can be renewed for successive
periods of 14 years unless
otherwise revoked.
9. Copyright and trademark are
intangible assets of a company.
They can be of great economic
value to an owner when developed
and harnessed.
Protecting these assets and
legitimizing ownership through
documentation and registration is
imperative to increasing the
economic value .
CONCLUSION