Intellectual Property and Its Protection

Intellectual property is anything that is created by anyone’s intellect. It can be any idea, any plan, any strategy, or any art; everything falls under the category of intellectual property. For example, if a poet writes a new poem, it is his or her intellectual property, if a chairperson of any organization makes a strategy to broaden his or her business, then it is their intellectual property. Every unique idea originated from a human mind is their intellectual property.

Why one needs to protect their intellectual property?

Everyone wants to receive credit for their hard work. Inventing something new takes a lot of effort and time. After the creation, if someone steals it from the creator, nothing can be worse. Nowadays, all of us have access to the internet, which has accelerated the amount of intellectual property stealing. So, people want to know how to protect intellectual property. There are some ways to safeguard one’s intellectual property with the help of an intellectual property lawyer. The IP law protects one’s intellectual property to some extent but for some cases tracing the thief is very difficult.

What are the major types of intellectual property protection?

There are four major types of intellectual property which are mentioned below:

1.      Patent: Patent protects a new idea or process that has never been used by anyone.

2.      Trademark: It is a type of code or phrase or symbol that can make one's invented product unique and stops anyone from stealing it. There are different types of trademarks, and they are usually encrypted.

3.      Copyright: Copyright protects any creative work. It can be a piece of writing, a painting, a song or, a movie.

4.      Trade secrets: They protect any formula, business idea or, strategy that is very exclusive and confidential. Trade secrets are the reason for any company's success. So, keeping them private is essential. 

These are the four major types of intellectual property protection that can safeguard one's unique inventions.

What are the benefits of hiring an intellectual property lawyer?

An intellectual property lawyer can be beneficial in giving an individual the rights over their unique creation. They know about all the laws and conditions of IP protection so they can be an expert advisor to us. With the lawyer’s proper guidance, one can legally register their unique work, and if someone steals it, they can complain against it to get justice.

Thus, with all the supporting laws, one can protect their intellectual property legally.