Intellectual property is protected by a variety of IP rights. Common IP rights include patents (grill tongs), trademarks (“I’m lovin it.”), copyrights (The Hunger Games) and trade secrets (Google search algorithm). Familiarity with the various types of IP rights is essential for business owners. When you know how to identify your business’ IP and understand how to secure and leverage your IP rights, you quickly realize that your business has more to offer (and more to lose) than you could have possibly imagined. Your business’ IP is its progress, its profit and its prestige.
“I’m lovin’ it.” Google’s search algorithm. The Hunger Games series. Grill tongs. These are all someone’s intellectual property (IP) and great examples of how IP is literally a part of the fabric that underlies our everyday lives. IP is literally everywhere all the time.
Intellectual property is protected by a variety of IP rights. Common IP rights include patents (grill tongs), trademarks (“I’m lovin it.”), copyrights (The Hunger Games) and trade secrets (Google search algorithm). Familiarity with the various types of IP rights is essential for business owners. When you know how to identify your business’ IP and understand how to secure and leverage your IP rights, you quickly realize that your business has more to offer (and more to lose) than you could have possibly imagined. Your business’ IP is its progress, its profit and its prestige.
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DISCLAIMER: This blog is for informational purposes only and none of the information contained herein creates an attorney-client relationship. This blog is intended to serve as a resource and should not replace the hiring of an attorney.
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