Article One, Section 8 of the United States Constitution authorizes Congress to â€ś...promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries.â€ťÂ Under this provision, creators can be given the right to exclude others from using their inventions, designs or other creations â€” and to use that right to negotiate payment in return for others using them. Â These â€śintellectual property rightsâ€ť may take a number of forms.
Ideas and knowledge are an increasingly important part of domestic and global business. Â Most of the value of new technology products and services lies in the amount of invention, innovation, research, design and testing involved. Â These efforts can produce valuable design patents
, utility patents
, and trade secrets
.Â Films, music recordings, books, computer software
and on-line services, generally the subject of copyrights
, are transacted because of the information and creativity they contain, not usually because of the materials used to make them. Â Business and product branding has also increased in value in the modern marketplace, putting added emphasis on building and retaining â€śgood willâ€ť associated with trademarks
.Â RatnerPrestia is skilled at procuring protection for all types of intellectual property.