If identified and used correctly, intellectual property (IP) can be a small business’s most valuable asset. There are two basic types of IP – registered and unregistered. It’s important to recognise their differences because this knowledge can inform what steps you want to take.
As its name implies, this is a form of IP that’s been registered with a national IP office like the Intellectual Property Office of New Zealand (IPONZ).
IPONZ website(external link) has more detail on each IP type.
It includes:
Although not registered with a national agency like IPONZ, these still offer legal protection and can help protect secret information.
It includes:
The IPONZ website(external link) has more detail on each IP type.
Freelance photographer Dana plans to update her online gallery of wedding shots and food photography — a mix of commissioned and contract work. She checks her business files for client copyright or permission agreements. After hearing horror stories from fellow photographers, Dana has recently been very careful about documenting these.
But in her first few years, she didn’t always do this. This is important because it’s generally assumed the person who pays a photographer is the first copyright owner.
Where Dana finds agreements – which give the client ownership – she asks permission to use the photos and files the correspondence. Where no agreements are in place, Dana checks with these previous clients to see if they’re OK with her intended use of the photos.
To prevent unauthorised use of the images, Dana publishes only lower resolution photos and watermarks each one with a copyright indicator.
Here are examples of ways you can protect your IP. Use several forms of protection to keep your IP even safer. Contact IPONZ if you have any questions.
Protection level: High
Registration effort: Low
Registration cost: Low
A registered trade mark is the best way to protect your name and brand. The protection can last forever if you renew every 10 years.
A registered trade mark:
Helpful hint: You can’t register a word that is common in your industry. You could register the name ‘Milk’ as an architecture firm, but not for a milk product.
Trade marks(external link) — IPONZ
Helpful hint: Use ONECheck to check the availability of business names, web domains and trade marks in one search.
Protection level: Medium
Best practice is to not tell anyone about your secret recipe or process.
Helpful hint: Have good measures in place, such as confidentiality agreements and limiting staff access.
Copyright and other IP(external link) — Employment Agreement Builder
Protection level: High
Copyright applies to original works, including images, song lyrics and digital content.
Helpful hint: Keep records when you create the work. Use the copyright symbol ©, the name of the owner and the year the work was created.
Copyright(external link) — IPONZ
Copyright and other IP(external link) — Employment Agreement Builder
Protection level: Low
Registration effort: Low
Registration cost: Low
Your brand name is a big asset. Think about using it as your registered company name.
Helpful hint: Use ONECheck to check the availability of business names, web domains and trade marks in one search.
Protection level: Medium
Registration effort: Medium
Registration cost: Medium
A design registration protects the unique features of a shape, configuration, or pattern of an object.
Design registrations:
Helpful hint: You can’t register a design if you’ve already gone public with your product, so watch your timing.
Designs(external link) — IPONZ
Protection level: High
Registration effort: High
Registration cost: High
A patent protects an invention, process, device or how something works.
A patent:
Helpful hint: You can’t get a patent if you’ve already gone public with your invention, so watch your timing.
Patents(external link) — IPONZ
Protection level: Low
Registration effort: Low
Registration cost: Low
Your name is a big asset.
Helpful hint: Use ONECheck to check the availability of business names, web domains and trade marks in one search.
Protection level: High
Registration effort: High
Registration cost: High
For new types of plant.
Plant variety rights: