A: Intellectual Property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. IP is protected by laws to give creators exclusive rights to their creations.
A: Intellectual Property Rights are the legal rights granted to creators and inventors to protect their IP. These rights include copyright, trademarks, patents, trade secrets, and design rights.
A: Protecting IP helps secure ownership, enables you to benefit financially from your work, prevents unauthorized use, and enhances your business’s competitive edge.
A: Application processes differ for each type. Generally, you must file with a national or international IP office. Consult legal resources or professionals for guidance on specific applications.
A: Before using content or inventions created by others, verify if they’re protected by IP laws, and if necessary, obtain permission or a license.
