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Benefits Of Registered Designs
Registered designs were often referred to as “the poor man’s patent” in the old days simply because registration of a design is cheaper than is the case with patents. Often also referred to as the hero of Intellectual property registered designs provide a cost effective means for the protection of specific designs such as aesthetic or functional.
Registered designs refer to any characteristics of an item that have to do with design including the patterns, ornamentation, configuration, shape or the combination thereof which have been registered for protection against the copying, usage or commercial exploitation of such features by any person other than the owner of the registered designs.
Registered designs thus enable the owner thereof to exclude other from the usage thereof without prior permission by the owner. The owner also has the right to exploit the registered designs in a number of ways. The owner can provide licenses to others for the usage of the design and thereby obtain commercial benefit in monetary terms. The owner can also sell the registered designs and once again, benefit economically from such an action.
Items may become valuable specifically because of their design features. Registered designs help protect those features from being copied and used by others.
Through registered designs one can thus exclude others for usage, gain a competitive edge in the market and benefit commercially from the designs. Should an infringement of the rights of the owner take place, the owner will have the right to legal action against the perpetrators.
Registered designs help the owner thereof improve the protection of the company’s market share. Registered designs are also recognized as by business assets and may gain in financial value. In essence such designs also encourage and promote creativity and improve the aesthetic value of items.
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