What is an idle trademark?
Idle trademarks refer to registered trademarks that have not been used or stopped using for more than three consecutive years after natural persons, legal persons or other organizations have obtained the exclusive right to use trademarks through original acquisition and inheritance. The newly registered trademark is also an idle trademark before use.
According to the Trademark Law, idle trademark resources can be revitalized through trademark transfer. It is convenient for many enterprises and saves the registration time.
Transfer registered trademarks and revitalize idle virtual assets.
At present, market participants have a strong sense of trademarks, and the number of registered trademarks is also increasing. It takes eight months and there is a risk that the application will be rejected. Then, why is such a hard registered trademark still idle? Some trademarks are no longer used after registration, some trademarks are not renewed after the expiration of their validity period, and some trademarks are registered in the form of bankruptcy, semi-suspension or suspension.
If the trademark is not used for a long time after registration, or if the business direction of the enterprise changes or the enterprise is unable to operate, it may be transferred.
Idle trademarks promote enterprise development
When an enterprise transfers a registered trademark to its own name, it can own its own brand at the first time. The transferor can adjust the brand layout and then revitalize the idle virtual assets to achieve a win-win situation. Trademark transfer has become a popular way to obtain trademarks. For trademark transfer, please consult Bajie Intellectual Property Trademark Transfer Network.