Trademark is a design, sign, logo or expression that is used to identify specific products or services as being from a specific source. This is a method of differentiating the source type from others. The owners of the trademark can be business owners, individuals, or legal persons who are normal people or judicial people with exclusive legal rights and duties to use the trademark.
Trademark is Indicative of The Source
Trademarks are commonly used in packages, labels, vouchers, and many times, it can be imprinted on the product itself. In many of the corporates, it will be put up as trademark symbols in corporate buildings as well. Trademarks are not only owned, but they are licensed as well. Trademarks are exclusive to brands and in many cases unauthorized use of trademarks can lead to brand piracy issues.
Trademarks are to be formally registered. Though unregistered trademarks are also legally protected, the degree of security offered for registered trademarks is better than for unregistered trademarks. TM, SM, and R within a circle are common symbols that are used as registered trademarks. Normally, TM refers to unregistered trademark; however, this can still be used to promote brands. SM is an unregistered service mark and this can as well be used to promote brands. R within a circle ®is used to represent a registered trademark.Typically, a trademark is a badge that indicates origin of the goods. Trademark is indeed considered as a kind of property per law.
Copyright is a Concept Offering Protection to Owners of Creative Work
Copyright as opposed to trademark is not a property rather it is a legal concept that protects the rights of the original author of creative work with exclusive rights of ownership with specific rights for a limited period of time. This is about providing the original author of the work with the credit for ownership and authority over deciding how the work should be further used, which can in many cases be limited to a time period.
Copyright is something like a trademark that authorizes the owner with the copyright for the work, to claim ownership for the work thereby marking the work an intellectual property. Copyrights are subject to territorial laws. Most of the standardized national copyright laws are in compliance with international copyright agreements. Most of the copyrights are provided for an unlimited period of time, while for certain creations there are amendments about how the work can be used by others for printing etcetera after a certain period of time.
While copyright protects the rights of the authors, it definitely does permit fair usage of the content by certain exceptions imposed on the creation. There are several businesses that have a high degree of dependence on the economic conversions provided by virtue of the copyrights of the intellectual property. The advancement in digital technology has provided new advancements in creating proof of ownership with time stamps for different versions of unique creations, thereby making copyright registrations easier and economic. A good example to create proof of ownership is available at www.copyrightwebstamp.com.