Intellectual Properties And How Can You Protect It

What is Intellectual Properties and How Can You Protect It? What is Intellectual Property? Intellectual Property or IP is a representation of creations of the mind, or something that can be legally owned, Intellectual Property allows protection through patents, trademarks, copyright, designs, circuit layouts and plant breeder’s rights. Almost any business can have some form of intellectual property that they need to protect. What are your rights and how can you protect your intellectual property? Explore the various forms of protection for intellectual property including: Patents, Copyright, Trademarks, designs. Protecting Intellectual Property can be done through various ways, both including simple things you can do as a person, and†¦show more content†¦Patent Protection: A patent provides a legal right to stop someone from a third party from manufacturing, using and selling an invention or design within Australia, it can be used to license someone to use or manufacture an invention on agreed terms. Design Protection: In Australia one can register a design, an application can be filled containing one design, a single design can be used in relation to multiple products. What is copyright infringement? Copy right infringement is essentially a breach of copyright from a third party, copy right infringement occurs when someone other than the holder of the copy right uses a copy righted material, it could also be describing as someone using an â€Å"expression† of someone else’s work. For example, if someone were to create a logo of piece of art, if this were to be copyrighted and someone came along and took the whole design and used it form themselves this would be classed as a breach of copy right or a copyright infringement. In this case the expression of someone’s work would be the logo in play, this has been stolen and used in a way that breaches its copyright. What are the costs and benefits of protecting your IP Protecting your IP can come with a cost, this will all depend of which path you are taking to protect your work, for example if you are working to protect a design there will be fees involved, once paid you can safely