{"id":3516,"date":"2021-03-20T07:17:22","date_gmt":"2021-03-20T07:17:22","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=3516"},"modified":"2021-03-20T07:17:25","modified_gmt":"2021-03-20T07:17:25","slug":"difference-between-trademark-and-patent","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/difference-between-trademark-and-patent\/","title":{"rendered":"Difference between Trademark and Patent: A Complete Guide"},"content":{"rendered":"\n<p class=\"has-drop-cap\">In\ntoday&#8217;s era, the world we live in is ambitious by innovation, and numerous\nResearch and Development (R&amp;D) projects are going worldwide. As per the\nKPMG Survey in 2018, India is the third-largest tech innovation country in the\nglobe. This grants a reality regarding the meaning of IP (Intellectual\nProperty) and its contribution to the growth and promotion of innovation &amp;\nresearch projects worldwide.<\/p>\n\n\n\n<p>In\nrecent years, IP laws have been the fastest-growing legal field. It is obvious\nthat without having any assurance regarding the safety of innovation, creative\nworks or a brand, it is improbable that companies or individual will be eager\nto give their time, money and determination to such projects. <\/p>\n\n\n\n<p>Hence,\nstrong IP Laws and growth in innovation work in tandem. The domain of\nintellectual property is massive, but it is essential to have a good\nunderstanding of the common rights that are provided through Intellectual\nProperty, and the most commonly applied IP rights are Trademark, Copyright, and\nPatent. It is also observed that peoples get highly confused between different\ntypes of IP Rights. In this blog, we will only discuss the difference between\nTrademark and Patent.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3aac5495b1f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3aac5495b1f\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/difference-between-trademark-and-patent\/#What_is_Trademark_Registration_%E2%80%93_An_Overview\" title=\"What is Trademark Registration? \u2013 An Overview\">What is Trademark Registration? \u2013 An Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/difference-between-trademark-and-patent\/#What_is_Patent_Registration_%E2%80%93_An_Overview\" title=\"What is Patent Registration? \u2013 An Overview\">What is Patent Registration? \u2013 An Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/difference-between-trademark-and-patent\/#Key_Difference_between_Trademark_and_Patent\" title=\"Key Difference between Trademark and Patent\">Key Difference between Trademark and Patent<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/difference-between-trademark-and-patent\/#Conclusion\" title=\"Conclusion \">Conclusion <\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Trademark_Registration_%E2%80%93_An_Overview\"><\/span>What is Trademark Registration? \u2013 An Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before\nwe discuss the difference between Trademark and Patent, let us first know the\nmeaning of the Trademark. A Trademark is a logo, symbol, phrase, or word that\ndifferentiates a company&#8217;s products from any other company in the market. It\nshould be unique, different, and capable of being represented graphically. It\ncan also differentiate the products or services of one individual from others\nwhose brand can be already registered under the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Indian_trademark_law\">Trademark Law<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/swaritadvisors.com\/trademark-registration\" class=\"text-primary\"><strong>Trademark\nRegistration<\/strong><\/a> safeguards and assists in brand creation which\nis extremely vital to the growth of a company. The first and foremost thing\nthat a customer recognizes is the brand through its unique and distinct name.\nHence, keeping the uniqueness and selectiveness of a name secured is the main\npurpose of a company, which is exactly what a Trademark Registration does.\nTrademark Registration protects the owners of the brand from unfair\ncompetitors, such as copying and misusing the brand names or logos in the\nmarket. Thus, it inspires fair competition and makes it simple for the customer\nto recognize the best products or services from a specific company or a brand.<\/p>\n\n\n\n<p>This\nregistration gives an exclusive right to the owner of a trademark that is\nregistered to prevent their Trademark from all other unauthorized parties from\nusing the Trademark without any permission. This holds factual when both are\ndealing with the same goods and services, and there is a possibility that such\nuse would result in a possibility of confusion. The Trademark Registration also\ngives an authority to the owner to permit the 3rd party to use the same in\nreturn for a payment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Patent_Registration_%E2%80%93_An_Overview\"><\/span>What is Patent Registration? \u2013 An Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A\nPatent is one of the essential Intellectual Property Rights that act as an\nincentive for people to invest. They not only help the inventor to make money\nbust also the nation in which the patented invention is made. Basically, it\ngives an inventor a control grant through which the inventor observes and\ncontrols the availability of the invention to the general public. Being a part\nof Intellectual Property Right can be sold, licensed, inherited, assigned, or\ngifted.<\/p>\n\n\n\n<p>An\ninvention needs to be non-obvious, distinct, and unique, and most essentially,\nit requires to have some sort of utility. It cannot be an idea or a simple\nmodel. The owner of a Patent holds a special right for twenty years from the\ndate of <a href=\"https:\/\/swaritadvisors.com\/patent-registration\" class=\"text-primary\"><strong>Patent Registration<\/strong><\/a>, Unlike\nCopyright, the registration is mandatory, and without it, no Intellectual\nProperty Rights can be claimed unless it proves as a former art and claim IP\nrights through passing off.<\/p>\n\n\n\n<p>The\ninventor is the Patent&#8217;s owner but not when it is made at the time of his\nemployment as part of their job. Then, the employee or the organization in\nwhich the individual is working becomes the original inventor. After knowing\nthe term Trademark and Patent, now we can move forward and discuss the\ndifference between Trademark and Patent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Difference_between_Trademark_and_Patent\"><\/span>Key Difference between Trademark and Patent<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can\ncheck the difference between Trademark and Patent from the table mentioned\nbelow:<\/p>\n\n\n\n<table class=\"wp-block-table\"><tbody><tr><td>\n  <strong>Points<\/strong>\n  <\/td><td>\n  <strong>Trademark<\/strong>\n  <\/td><td>\n  <strong>Patent<\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>Governed\n  Under<\/strong>\n  <\/td><td>\n  The Trade Marks Act, 1999.\n  <\/td><td>\n  The Patents Act, 1970.\n  <\/td><\/tr><tr><td>\n  <strong>Types\n  of Works and Protection<\/strong>\n  <\/td><td>\n  Protection of distinct and unique name that\n  makes a brand very different from others in the marketplace. The works can\n  include the name, logo, colour, phrase, shapes, slogans, etc.\n  <\/td><td>\n  Protections of inventions that are unique,\n  original, and capable of being used in the industry.\n  <\/td><\/tr><tr><td>\n  <strong>Range\n  and Validity<\/strong>\n  <\/td><td>\n  Trademark is territorial in nature to claim IP\n  Rights should be applied to each nation separately.\n  The validity of a registered Trademark is for ten\n  years, and it can be renewed every ten years.\n  <\/td><td>\n  A Patent is also a territorial right, and it\n  is effective only within a particular country. For separate patents, the\n  applicant required to file for Patent separately for each country where\n  Patent Protection is required.\n  The validity of Patent is for 20 years from\n  the date of first registration.\n  <\/td><\/tr><tr><td>\n  <strong>Safeguards\n  <\/strong>\n  <\/td><td>\n  It safeguards the branding under which the\n  goods or services are sold.\n  <\/td><td>\n  It safeguards inventions that are useful for\n  the world and for the industry. For example, new invention in pharmaceutical\n  or medical industry.\n  <\/td><\/tr><tr><td>\n  <strong>Provisional\n  Application Requirement<\/strong>\n  <\/td><td>\n  It does not contain any provisional\n  application, but it requires a Trademark Search.\n  <\/td><td>\n  A provisional application required to file\n  before 12 months and a significance date claim.\n  <\/td><\/tr><tr><td>\n  <strong>Symbolic\n  Representation<\/strong>\n  <\/td><td>\n  TM Symbol is used when the Trademark\n  Registration is in process. \u00ae symbol is used when registration is completed.\n  <\/td><td>\n  No symbolic representation to show the\n  Copyright Registration.\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>After discussing the difference between Trademark and Patent, you cannot get confused to choose the IP rights as per your requirements. Almost every business in India touches on Intellectual Property Rights and needs its protection as is protects the valuable assets of a business or company. Trademark and Patent not only prevent the rights, but they also prove as an encouragement for better creative expression and are a major incentive fort encouraging people to invest in R&amp;D of projects globally.<\/p>\n\n\n\n<p><strong>Also, Read: <\/strong><mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/evergreening-of-patent\/\">What is the Meaning of Evergreening of Patent? \u2013 An Overview<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In today&#8217;s era, the world we live in is ambitious by innovation, and numerous Research and Development (R&amp;D) projects are going worldwide. As per the KPMG Survey in 2018, India is the third-largest tech innovation country in the globe. This grants a reality regarding the meaning of IP (Intellectual Property) and its contribution to the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":3518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[55,72],"tags":[521],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/3516"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=3516"}],"version-history":[{"count":3,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/3516\/revisions"}],"predecessor-version":[{"id":3521,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/3516\/revisions\/3521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/3518"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=3516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=3516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=3516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}