Wednesday, March 29, 2023 4:22:46 PM
A WO patent is granted by the World Intellectual Property Organization, or WIPO. The prefix WO, which is short for WIPO, indicates that the patent will be administered by this body.
The U.S. Patent and Trademark Office is the agency responsible for granting U.S. patents
it is a mystery to me why anyone would bother with getting specifically and only a United States patent.
Most patents are only good for the specific country where it is issued, and this is the case with US patent. It does nothing to protect you from people using your patented technology in other countries. It only provides defense for the United States.
However the World Intellectual Property Organization (WIPO) provides a way to do a single filing that applies in a huge number of 152 countries (currently) simultaneously...
US ABANDONED... WO PLACEHOLDER
Patent protection also eliminates the need to maintain secrecy... which we require
Patents expire...trade secrets dont
Trade Secret Protection
Under the Uniform Trade Secrets Act, a trade secret is defined as “information, including a formula, pattern, compilation, program, device, method, technique, or process that derives independent economic value” by remaining unknown.
Thus, for something to be considered a trade secret under the Uniform Trade Secrets Act, it must meet the following three elements:
It is information that has either actual or potential independent economic value by virtue of not being generally known,
It has value to others who cannot legitimately obtain the information
It is subject to reasonable efforts to maintain its secrecy.
Key examples of a trade secret are the Coca Cola recipe, Google’s search algorithm, and the recipe for KFC’s fried chicken. This information derives its main value from the fact that it is kept secret and is not known in the marketplace.
You do not need to file anything to secure the intellectual property rights for your trade secret. Trade secrets are protected under both state and federal laws from disclosure by improper means. This means you can bring a private civil lawsuit against anyone who has misappropriated your trade secret, and you can do so in state or federal court. If you win, you can receive damages and potentially an injunction, which would prohibit the person or entity from continuing to use your trade secret.
There are some strong advantages to trade secret protection over your information rather than pursuing the sometimes difficult road of patent protection.
time to wake up and smell the coffee
TO DA MOON BABY
you can't litter negativity everywhere and then wonder why you have a trashy life -Pappy
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