The Great Idea

The Great Idea
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  • SWEATERS BY JANE By: Paige Punzalan
  • Hey Chelsea! I've just come up with an idea to create a business designing and selling fleece sweaters, they're all the rage nowadays.
  • That sounds like a great idea, Jane! Let me give you some advice before you start.
  • First, when designing your sweaters, you should be aware of the concept of intellectual property. The designs that you create are your intellectual property as they are creations of your mind and products of your human intelligence.
  • I'm listening; please tell me more.
  • Copyright is used to protect intellectual property. You can use this to design and produce all of your own sweaters to sell. These exclusive rights will generally last for your entire lifetime and then 70 years after. 
  • Perfect! I don't want anybody else copying my brand or designs.
  • Exactly! Also, if anybody infringes on your copyrights, the law provides a range from $200 to $150,000 for each work infringed and the infringer must pay for all attorney's fees and court costs. 
  • Nifty!
  • I've also been working on a sweater making machine designed to create the sweaters as soft as possible. Is there anything I need to know about that? 
  • Yes actually, a patent is used to protect inventions like that. This will prevent anybody else from developing sweaters in the same way using your machine. These last for 20 years starting when you apply fro the patent. 
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