It's all about Intellectual Property
What is intellectual property? Intellectual property includes inventions, literary and creative works, designs, symbols, names, and photographs used in business. Every company, in general, owns some intellectual property. Why is it important? Companies can secure their core business and research and development activities with intellectual property rights and registrations and create a powerful negotiating position for cross-licensing and counterclaims. Intellectual property rights and registrations also enable corporations to prevent competing products and dissuade new entrants while also paving the ground for future market share through technological developments. One of the numerous benefits of registering intellectual property is that it allows you to add value to your company. Intellectual property is considered an asset when determining a company's worth and can even be used as collateral for a loan. Types of Intellectual Property: Four types of intellectual property: Tradema...