Mini Case 3-1: Protecting Your Intellectual Property
Devo, Anthony, and Spencer were childhood friends who had always talked about starting a
business together after college graduation. Devo had the financial background and startup capital
to contribute and Spencer and Anthony had the technical knowledge they believed would give
them the competitive advantage needed to become an industry leader.
During their early college years, Anthony and Spencer developed a new and innovative way to
manufacture computer components. When they shared their idea with Devo, he was able to draw
up a detailed business plan to present to potential investors when the three were ready to launch
their venture. They had been very careful not to disclose anything about their innovative idea to
other colleagues or any of their friends and were anxious to get started.
After selecting the company name “Millennium Computers” the three friends come to you for
advice on intellectual property rights.
116) To protect their innovative process for manufacturing computer components from
unauthorized use, which type of intellectual property should the three friends apply for? Identify
the office to which they should apply and outline the steps involved in the process.
117) Should they consider protecting or registering their company name? Which intellectual
property would cover this concern? Could they use the name without registering it?