Hi, i have searched the whole forum for an apporiate place to post this topic but i couldn't find any that is specific towards doing businesses in Singapore, so i figured that this is the next best alternative (sorry if i'm wrong)? Anyone with any business experience please feel free to give any constructive advice or criticism.
I am a young aspiring singaporean businessman that is looking to open up and invest in a unique retail shop in singapore.
Will i be infringing any copyright, trademark or patent laws if I take an idea/concept that already exists in the market and just rename it? I mean, of course not completely taking the whole idea/concept. (Eg. taking the "bubble tea" idea, and using a square-ish pearl instead of the usual circular-spherical ones, and call it "square tea") Will i be sued in any case? How far does the patent law go to protect the specific idea? And if the idea or concept is only patented in other countries and not in singapore, am i still allowed to go ahead and use a similar idea?
Looking forward to learn from anyone.
I am a young aspiring singaporean businessman that is looking to open up and invest in a unique retail shop in singapore.
Will i be infringing any copyright, trademark or patent laws if I take an idea/concept that already exists in the market and just rename it? I mean, of course not completely taking the whole idea/concept. (Eg. taking the "bubble tea" idea, and using a square-ish pearl instead of the usual circular-spherical ones, and call it "square tea") Will i be sued in any case? How far does the patent law go to protect the specific idea? And if the idea or concept is only patented in other countries and not in singapore, am i still allowed to go ahead and use a similar idea?
Looking forward to learn from anyone.