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Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.
There are four main types of intellectual property rights, including patents, trademarks, copyrights, and trade secrets. Owners of intellectual property frequently use more than one of these types of intellectual property law to protect the same intangible assets.
The purpose of doing an intellectual property auditEvaluate the assets determine whether they are important or not. Establish ownership establish whether the organisation or a third party owns the IP assets.
Not only will an IP audit help identify potential trade secret information but can also help solidify secrecy of that information. An IP audit can help ascertain whether your business is taking reasonable steps to prevent disclosure of proprietary information by employees, vendors and business partners.
Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.
Intellectual property has two categories: industrial property and copyright and neighboring rights. Industrial property includes patents, trademarks and other marks, geographic indications, utility models, industrial designs, topographies of integrated circuits and trade secrets.
Intellectual property (or IP), including patents, trademarks, copyright, and trade secrets, is often among the most valuable categories of assets for a company. Your brand, your innovations, your improvements, and your institutional knowledge can all fall under the ambit of intellectual property.
Copyrights, trademarks, patents, and trade secrets are the four primary types of intellectual property protection. Determining the best way to protect intellectual property can be complex. This can be especially true in highly technical areas like industrial design or computer algorithms.
The five major types of intellectual property are:Copyrights.Trademarks.Patents.Trade Dress.Trade Secrets.
How to conduct an IP auditnature/description of the asset.how it works and how it is used.its stage of development (e.g. proof-of-concept, prototype, trials etc.)the owner of the IP asset and any problems that exist with ownership.the inventors, creators or authors.when and how the asset was created or acquired.More items...?