The 21st century entertainment industry is saturated with daily issues on stolen intellectual properties which if not properly handled would cause damages and set back.
Intellectual property, refers to creations of the mind, such as inventions; literary and artistic works,designs, and symbols, names and images used in commerce. By striking the right balance between the interests of innovators and the wider public interest, the Intellectual Property system aims to foster an environment in which creativity and innovation can flourish.
In safe guiding your Intellectual Property, you need to understand the basics of intellectual property law to best protect your hard-earned creations and ideas from unfair competition. Here are four main types of intellectual property that you can use to protect your business.
1. Copyrights. Copyrights protect original works of authorship, such as literature, music, artistic works, and computer software
2. Patents
3. Trademarks
4. Trade Secret
Now, do you that trademarks, copyrights, patents and Trade Secret aren't just for big corporations? Everything, from your company's name to its management style is worth protecting.
Your most valuable real estate may be your intellectual property, a name, a process, or something else so unique that it's worth protecting.
Determine whether you have such assets that need protection and which type of protection is necessary so you can secure your legal rights.
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