How To Protect Your Intellectual Property?
Does your business have a website, a brochure, a video? Or do you advertise in newspapers or on TV? Almost all small businesses are involved in creation, circulation, retailing or distribution of some kind of creative work. This creative work becomes your intellectual property and it is important to understand how to protect your intellectual property.
What Is Your Intellectual Property?
An intellectual property right is the general term for the assignment of property rights through patents, copyrights and trademarks. These property rights allow holding a monopoly of the use of the item for a specific period of time. The reason for intellectual property is to encourage innovation without fear that a competitor will steal the idea or take credit for it.