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Article
Publication date: 16 March 2010

Trademark registration can provide financial services companies with valuable benefits

Beth H. Alter

The purpose of this paper is to educate financial services companies about the importance of trademark registration.

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Abstract

Purpose

The purpose of this paper is to educate financial services companies about the importance of trademark registration.

Design/methodology/approach

The paper reviews what a trademark is, what the advantages are to trademark registration, and the steps involved in registering a trademark.

Findings

The paper finds that trademark registration can assist financial services companies in protecting their corporate identity, which is one of their most valuable assets.

Practical implications

Financial services companies should give serious consideration to registering their trademarks and should register their trademarks where appropriate.

Originality/value

The paper will be of interest to a wide range of financial services companies who are concerned about protecting their corporate identity, particularly in light of the financial crisis.

Details

Journal of Investment Compliance, vol. 11 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/15285811011030202
ISSN: 1528-5812

Keywords

  • Trade marks
  • Financial services
  • Financial benefits

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Article
Publication date: 30 November 2020

Battle for the boot: trademarks and competitiveness in the global UGG boot industry, 1979-2019

Amanda Budde-Sung

Despite its Australian birthplace, the ugg boot industry is now fully dominated by one American company, and the Australian ugg boot industry has been frozen out of global…

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Abstract

Purpose

Despite its Australian birthplace, the ugg boot industry is now fully dominated by one American company, and the Australian ugg boot industry has been frozen out of global trade. This study aims to consider the impact on the competitive advantage of culturally distinctive but not new, intellectual property (IP) through the historic lens of the Australia–USA battle over the UGG boot trademark.

Design/methodology/approach

This study uses trademark applications, court documents, annual reports and brand reports to trace the history of the change and growth of the ugg boot industry from a small cottage industry in Australia to a billion-dollar monopoly controlled by an American company.

Findings

Court documents and trademark applications from 1979 to 2019 indicate that Australian firms underestimated the cultural differences between the USA and Australia and thus failed to adequately protect the generic word “ugg” in foreign markets where it was considered to be distinctive, rather than generic.

Practical implications

The paper highlights the importance of the first-mover advantage that can be conferred upon a firm by IP that is not new. Trademarks must be distinctive, rather than new, but properly used, they can offer substantial global competitive advantages to firms.

Originality/value

The in-depth analysis of the development of the UGG brand highlights the importance of intangible barriers in global business. The impact on the competitive advantage these intangible barriers gave US firms over Australian firms in the worldwide sheepskin boot market is discussed.

Details

Journal of Management History, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/JMH-07-2020-0044
ISSN: 1751-1348

Keywords

  • Australia
  • Competitive strategy
  • International
  • Business history
  • Intellectual property
  • Trademarks

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Article
Publication date: 6 July 2020

FDI inflows and intellectual property rights for MNEs in emerging markets: an alternative approach through the lens of trademarks in Vietnam (1986-2016)

Amy Linh Thuy Nguyen

While the current anti-globalisation wave is considered as a regional and cyclical relapse among Western countries, the new era of globalisation has shifted away from…

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Abstract

Purpose

While the current anti-globalisation wave is considered as a regional and cyclical relapse among Western countries, the new era of globalisation has shifted away from stagnant developed economies towards the rising prosperity of emerging Asia, where it is attracting substantial global inward foreign direct investment (FDI). Focussing on Vietnam, the country that is seen as Asia’s next economic tiger, the question of how important intellectual properties (IP) protection is in the international competition for FDI inflows is still unsettled, especially on the under-researched topic of trademarks.

Design/methodology/approach

This paper takes on the business history approach, which allows rich evidence from the dynamic and evolving natures of multinational enterprises (MNEs) to drive the research process, so that international business scholars can test models rigorously. The evidence provided in this paper is essentially qualitative and combines trademark registrations data, with trade and FDI statistics between 1986 and 2016, also draws on companies’ archives, industry reports and related newspaper articles.

Findings

This paper provides the chronology of intellectual property right (IPR) legal landscapes and the dynamic co-evolution of trademarks and FDI inflows in Vietnam. Three trademark protection strategies for MNEs and their patterns here are addressed. The paper also argues that trademarks bring new insights and IP protection strategy for pharmaceutical MNEs for the case of Vietnam is as important in trademarks as it is in patents. In emerging markets with strong incentives for FDI such as Vietnam, MNEs are not necessarily put off by weak IPR, but rather create alternative strategies for dealing with the lack of IP protection in these emerging market settings.

Originality/value

This study challenges the stream of thoughts that view trademarks as a “neglected intangible asset” among different IPRs, while in fact, trademarks advance MNEs’ knowledge by ensuring competitiveness and long-run survival in emerging markets. This paper is among the first few attempts to look at pharmaceutical industry through the lens of trademarks, moving away from the traditional patent-focussed approach. It extends the understanding of OLI paradigm and highlights that MNEs need to possess Oa and Op advantages not only at the beginning of internationalisation process but rather evolving through the time to cope with imitation risks in the host country.

Details

Multinational Business Review, vol. 28 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/MBR-10-2019-0140
ISSN: 1525-383X

Keywords

  • IPRs
  • Trademarks
  • FDI inflows
  • Emerging markets
  • Vietnam
  • MNEs
  • International business
  • Business history

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Book part
Publication date: 26 February 2008

Chapter 3 Intellectual property protection in the global economy

Louise Hallenborg, Marco Ceccagnoli and Meadow Clendenin

This chapter provides an overview of five modes of intellectual property (IP) protection – patents, designs, copyrights, trademarks, and trade secrets – available in the…

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Abstract

This chapter provides an overview of five modes of intellectual property (IP) protection – patents, designs, copyrights, trademarks, and trade secrets – available in the United States, the European Union, and Japan. After describing the purposes of and principal differences among the five types of IP protection and outlining the advantages of each form, the chapter provides country- and region-specific information. The authors highlight the aspects of IP law in which international harmonization has, or has not yet, occurred, and offer insights into the relative advantages of various national and regional IP protection systems.

Details

Technological Innovation: Generating Economic Results
Type: Book
DOI: https://doi.org/10.1016/S1048-4736(07)00003-3
ISBN: 978-1-84950-532-1

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Book part
Publication date: 2 August 2016

Introduction to Legal Means for Protecting Intellectual Property

Anne M. Rector, Bunny Sandefur, Marco Ceccagnoli, Meadow Clendenin and Louise Hallenborg

This chapter provides an overview of the five main modes of intellectual property (IP) protection – patents, copyrights, trademarks, trade secrets, and designs – available…

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Abstract

This chapter provides an overview of the five main modes of intellectual property (IP) protection – patents, copyrights, trademarks, trade secrets, and designs – available in the United States, the European Union, and Japan. After describing the purposes of and principal differences among the five types of IP protection and outlining the advantages of each form, the chapter provides country- and region-specific information. The authors highlight the aspects of IP law in which international harmonization has, or has not yet, occurred, and offer insights into the relative advantages of various national and regional IP protection systems.

Details

Technological Innovation: Generating Economic Results
Type: Book
DOI: https://doi.org/10.1108/S1048-473620160000026004
ISBN: 978-1-78635-238-5

Keywords

  • Patents
  • trademarks
  • copyright
  • trade secrets
  • designs

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Article
Publication date: 6 July 2020

Analysing trademark and social media in the fashion industry: tools that impact performance and internationalization for SMEs

Laura Rienda, Lorena Ruiz-Fernández and Lindsey Carey

This research investigates the role that having a trademark and a social media presence play in the development of international activities as well as their influence on…

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Abstract

Purpose

This research investigates the role that having a trademark and a social media presence play in the development of international activities as well as their influence on performance for small and medium-sized enterprises (SMEs) operating within the fashion sector of the United Kingdom and Ireland.

Design/methodology/approach

Quantitative analysis was carried out by integrating information from several data sources. The hypotheses proposed in the authors’ research model are tested on a sample of 102 SMEs, applying bivariate analysis and variance-based structural equation modelling (partial least squares).

Findings

Based on the authors’ empirical evidence, the fashion SMEs could improve their performance through two important marketing tools: registered trademark and social media. On the one hand, SMEs with a registered trademark are more present in the international markets, and it also implies higher performance. On the other hand, there is no significant relationship between SMEs with social media and a presence in international markets.

Originality/value

The aim of this paper is to investigate the effect of trademark and social media participation on firms which varies depending on what managers of fashion-related SME companies want to prioritize. Hence, these two marketing tools could be useful for managers to decide on what resources to invest, to register a trademark or to be present in social media, subject to their firms' strategy and objectives.

Details

Journal of Fashion Marketing and Management: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/JFMM-03-2020-0035
ISSN: 1361-2026

Keywords

  • SMEs
  • Fashion industry
  • Trademark
  • Social media
  • Performance
  • International business

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Article
Publication date: 17 December 2019

Executive marketing background, corporate trademark and brand management

Chao Chen and Rongxi Luo

With many years’ economic transformation from “Made in China” to “Created in China,” the State Council has set May 10th as annual “China’s Brand Day” from 2017. This…

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Abstract

Purpose

With many years’ economic transformation from “Made in China” to “Created in China,” the State Council has set May 10th as annual “China’s Brand Day” from 2017. This action indicates the implementation of brand strategy and the new national policy of promoting China’s brands. The purpose of this paper is to examine the influence of marketing background of top management team (TMT) on trademark and brand output.

Design/methodology/approach

Using the trademark application data of Chinese-listed companies, this paper constructs a multiple linear regression model and uses the OLS method. This research also uses two-stage regression to examine the effect of endogeneity on the results.

Findings

Our results show that the higher the proportion of executives with marketing background in TMT, the more the number of trademark applications. Furthermore, we document that the positive impact of TMT marketing background on the number of trademark applications is more pronounced in non-state-owned enterprises, companies with more patent output and companies whose CEO has marketing background, indicating that when TMT can play a bigger role, companies have better innovation ability and team collaboration is more efficient, the promoting role of TMT marketing background on the number of corporate trademark applications will be stronger.

Originality/value

This research focuses on the world’s largest emerging economy – China, which is different from the existing literature that is mainly based on western developed countries. With China’s economy stepping into a new normal and consumption upgrading, it is important and worthy of a deep discussion about which factors affect the company’s trademark and brand management.

Details

Journal of Contemporary Marketing Science, vol. 2 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/JCMARS-08-2019-0030
ISSN: 2516-7480

Keywords

  • Upper echelons theory
  • Executive marketing background
  • Trademark and brand management
  • Trademark application

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Article
Publication date: 10 October 2008

The trademark protection of country brands: insights from New Zealand

Magdalena Florek and Andrea Insch

The purpose of this paper is to present the opportunities for and challenges of the trademark protection of country brands.

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Abstract

Purpose

The purpose of this paper is to present the opportunities for and challenges of the trademark protection of country brands.

Design/methodology/approach

Insights into the challenges and possibilities of country brand trademark protection are identified using New Zealand as a case study. This evaluation is divided into four sections. In the first section, the relations and differences between brands and trademarks are discussed in the context of the country trademark. Then, possible sources of country trademarks are identified. Next, the benefits and challenges of creating and managing country trademarks are discussed based on the case of the New Zealand Fern Mark. The final section addresses the determiners of country trademark implementation and offers recommendations for country brand managers.

Findings

This study makes the case that a nation's heritage is a rich source of country trademarks. The selection of country trademarks must ensure that the chosen symbol conveys meaning and associations that serve a country's often broad range of offerings and resonate with a diversity of stakeholder audiences.

Practical implications

Governance structures need to be established to manage a country trademark to ensure the country brand's integrity. This includes a licensing system and protocols to prevent successive governments from altering the brand's essence which would destroy its equity built up over time.

Originality/value

This paper extends the concept of trademarks, once the domain of products and service brands, to the emerging field of place brand management.

Details

Journal of Place Management and Development, vol. 1 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/17538330810911271
ISSN: 1753-8335

Keywords

  • Brands
  • Governance
  • Trade marks
  • New Zealand

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Article
Publication date: 11 March 2014

Corporate and product brands: do they improve SMEs' performance?

Lara Agostini, Roberto Filippini and Anna Nosella

The aim of this paper is to investigate the impact of brands on small to medium-sized enterprise (SME) performance in the fashion industry, trying also to shed light on…

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Abstract

Purpose

The aim of this paper is to investigate the impact of brands on small to medium-sized enterprise (SME) performance in the fashion industry, trying also to shed light on the different effect that corporate and product brands may produce.

Design/methodology/approach

The approach uses cross-sectional time series regression to investigate the relationship between trademarks and sales, controlling for firm size. A purposive sampling technique is adopted, focusing on a sample of Italian SMEs in the fashion industry.

Findings

Results indicate that trademarks do have a positive impact on SMEs' performance in the fashion industry, and in particular corporate trademarks seem to be effective in producing a sales increase, while product trademarks do not.

Research limitations/implications

The main limit of this research is that no variable mediating the relationship between trademarks and performance was considered. Furthermore, the number of trademarks may not capture all the dimensions of brand.

Practical implications

The most important aspect is that SME managers in the fashion industry could benefit from a trademarking strategy; in particular, investments in building a strong corporate brand, thus concentrating SMEs' effort, instead of having many different product brands, seems to create greater effect in the minds of consumers, and thus result in sales increases.

Originality/value

This paper is one of first attempts to shed light on the issue regarding the association between SMEs' branding strategy and performance. Moreover, the distinction between corporate and product brands represents an innovative element in this type of study.

Details

Measuring Business Excellence, vol. 18 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/MBE-11-2013-0060
ISSN: 1368-3047

Keywords

  • Small to medium-sized enterprises
  • Italy
  • Brands
  • Firm performance
  • Fashion industry
  • Corporate trademark
  • Product trademark

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Article
Publication date: 27 April 2012

Coca‐Cola brand protection before World War II – it's the real thing!

Ross D. Petty

This paper aims to discuss the early brand protection efforts of Coca‐Cola.

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Abstract

Purpose

This paper aims to discuss the early brand protection efforts of Coca‐Cola.

Design/methodology/approach

The paper examines the hundreds of trademark infringement challenges brought by Coca‐Cola in courts and before the US Patent and Trademark Office and develops a tripartite system of categorizing these challenges by primary legal issue.

Findings

Coca‐Cola developed several innovations in brand identity protection including challenges to a wide variety of similar names, logos and packaging, the use of detectives in service settings and the use of consumer psychological evidence in legal proceedings. Ultimately, it protected it name against those rivals that closely imitated both words in its name or words similar to Coca or Coke. However, it was unable to obtain exclusive rights to the word cola which became the generic designation for such drinks.

Practical implications

Even today, the scope of Coca‐Cola's brand protection efforts provide a useful model for modern brands. This work also presents and summarizes important historical data.

Originality/value

This study examines Coca‐Cola's brand protection efforts and legal challenges in much greater detail than previous historical works on Coca‐Cola.

Details

Journal of Historical Research in Marketing, vol. 4 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/17557501211224430
ISSN: 1755-750X

Keywords

  • Coca‐Cola
  • Trade marks
  • Brand protection
  • Brands

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