The number of trademarks has been climbing steadily over the past decade, according to the World Intellectual Property Organization. That is making it harder and harder for businesses to find a name that hasn’t been taken by another company.
So companies are having to get creative. Some companies are getting around the shortage of names by using creative spellings. Think “Lyft.” And company names have to be versatile, so they work as a website domain and on social media.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.