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They are different and serve different purposes. There are very few REALLY GOOD AND NEW IDEAS. Look at the benefits and disadvantages of your product, competitors, marketplace, feasibility, longevity in the marketplace.
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These processes are touted by the trade organizations worldwide to be the way to stimulate and encourgae the economy to grow and reach higher and beyond! Getting the idea and funding is only half the battle for most companies and businesses. Claims and oath or declaration are NOT required for a provisional application. It can succeed greatly, or fail miserably and everything in-between! Provisional applications are not examined on their merits.
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You can make this exclusivity work best for you, particularly utilizing things like niche marketing to further target your audience and market, standing out amongst and above the rest of the offerings.
This is not about only competition and monopoly however. You are utilizing powerful legal processes to make the most of your possibilities. Rivalry and tragedy or conflic and unhealthy competition can also arise if it is not dealt with effectively. These exclusivity rights are commonplace and accepted standard practice and there for your use and optimization! IT IS UP TO YOU TO USE THEM AND PUT THEM TO WORK IN YOUR OWN BEST INTEREST.
The incentives are also not always monetary. Sometimes it is just about the ownership and pride of coming up with something novel and new! Recognition and exclusivity go a long way to protect ideas that way as well. Creditbility and reputable, quality and improvement thus also stay top priorities, stimulating the economy and ingenuity even MORE!
The developing countries and economies of scale often compete and differ on the advantages and necessities of these IP, processes and outcomes.
There are many examples from around the globe, where the newest trends with new ideas and patents are for the greater good for all, re-utilization and extraction of substantial parts, rather than fostering monopolies. It is more about development and advancement and sharing information, than unhealthy competition! Public information is a fundamental right according to some and these processes at heart actually want to affect and enable this by sharing information. Its economic contributions are touted as the best way to stimulate and grow the economy and therefore remains a necessity of means!
It is all really quite simple. By using these new idea and patent processes, you can ensure and expand your rights and benefits, as it pertains to the idea itself and its use.
It also helps the general public in the sense that the product and information gets to market in a timely fashion with recognition to its origin and originator!
Infringements on these rights typically costs global business millions of dollars each year. Just look at software and music piracy and you quickly understand the back-drops, playing field and contexts of these processes.
There are different types of intellectual property as our discussion has already shown. Here are some more examples:
- Copyright
- Domain Names
- Geographical indications and filings
- Industrial design rights
- IP cores used in electronic design
- Moral rights
- Patents
- Personality rights
- Plant breeders' rights
- Plant variety protection
- Trade secret
- Trademark
- Traditional knowledge