Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 24 SEPTEMBER 2023

How To Build An IP Strategy

Torys
Torys
Contributor
Torys

Torys

Torys LLP is an international business law firm that works with clients who expect the best advice...

View firm profile
Explore more from Torys

Intellectual property (IP) refers to the exclusive ownership rights that you can have over intangible assets (i.e., ideas, not things). However, not all ideas are patentable or protectable.

CanadaIntellectual Property
Torys LLP
Torys LLP
Author LinkedIn connections

Read this if: you're not sure you own your startup's IP or if you're looking to revamp your IP strategy

You might also like: Startup funding checklist: legal items to make your investors happy

Go deeper: Operating your startup

Intellectual property (IP) refers to the exclusive ownership rights that you can have over intangible assets (i.e., ideas, not things). However, not all ideas are patentable or protectable. For ideas that you can own the IP for, there are several tools to choose from as part of your IP strategy. Which tool you choose will depend on what you are trying to protect.

Why you should protect your IP

A startup's IP is its crown jewel. Whether building a SaaS, life sciences, e-commerce, big data, AI or a social media company, the technology you are building, and monetizing, is the core of your offering. Your company—not you, your co-founder, advisors, consultants or employees—should own all the IP that it is developing, and this

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Trademark Owner Who Failed To File Evidence In Expungement Proceeding Has Registration Reinstated On Appeal

Trademark owners facing expungement for failing to file evidence of use in section 45 proceedings may have recourse through the Federal Court appeal process. The recent Lion Corporation case demonstrates how administrative errors by trademark agents can be remedied, allowing registrants to file additional evidence and potentially reinstate their registrations when the failure was beyond their control.
CanadaIntellectual Property
Oyen Wiggs Green & Mutala
Oyen Wiggs Green & Mutala
Article

Industrial Designs In Canada: Protecting Your Product’s Appearance

Foreign companies launching products in Canada often overlook industrial design registration, one of the most cost-effective forms of IP protection available. Copyright protection for product appearance is significantly restricted once a design is reproduced in quantities exceeding 50 copies, making industrial design registration the primary statutory protection for commercially manufactured products.
CanadaIntellectual Property
Miller Thomson
Miller Thomson
Article

Government Of Canada Makes Significant Changes To Energy Project Approvals Process

On September 3, the Government of Canada published amendments removing seven types of energy projects from the Physical Activities Regulations (the Project List) under the Impact Assessment Act (IAA). As a result, these types of projects will no longer be subject to the IAA but will continue to be regulated by the Canada Energy Regulator Act (CER Act) or applicable provincial environmental assessment regimes.
CanadaEnergy and Natural Resources
Torys
Torys
Article

Ontario Invites Expressions Of Interest For Licences Under The Geologic Carbon Storage Act

Ontario has launched its first call for expressions of interest in carbon capture and storage licences under the new Geologic Carbon Storage Act, targeting Crown-owned pore space beneath lakebeds surrounding the Ontario Peninsula. The detailed submission requirements reveal expectations that proponents have advanced well beyond initial planning stages, with the process serving as a critical test of Ontario's emerging CCS framework and its attractiveness to industry.
CanadaEnvironment
Torys
Torys
Podcast

BWA Morning Espresso: SCC Annuls The Federal Election In Terrebonne (Podcast)

The Supreme Court of Canada overturned a federal election result decided by a single vote after Elections Canada's postal code error prevented a voter from casting their mail-in ballot. The Court's majority found this administrative negligence constituted an irregularity warranting annulment, while the dissent argued such clerical errors shouldn't destabilize election finality.
CanadaGovernment, Public Sector
Torys
Torys