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Article: Banks urged to patent their intellectual property. (Parker Bagley) (Interview)
- Article from:
- American Banker
- Article date:
- March 25, 1993
- Author:
CopyrightCOPYRIGHT 1993 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Banks are constantly generating intellectual property - computer software, unique services, creative advertising and promotional materials, trade secrets. In theory, these property rights can be protected from use by other banks, or even patented and licensed for a royalty.
Yet banks often seem unaware of the extent to which they can protect their own inventions. Parker Bagley, a patent and trademark attorney with Brumbaugh, Graves, Donohue & Raymond, New York, says in an interview with reporter William Tucker the Bond Buyer, a sister publication of American Banker, that banks should be much more alert and aggressive in protecting their intellectual property.
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