Intellectual property is important to many businesses. There are several types of intellectual property that you need to think about to keep your company’s interests protected. It is imperative that you consider all facets.

The way that you protect your company depends on the type of intellectual property you have. Here are some points that you need to know about making this happen:

Are there different types of intellectual property?

There are three different types of intellectual property. These are patents, copyrights and trademarks. While these are similar in some aspects, there are differences that you need to consider. A patent protects something that you invent, such as the design of a new product. A copyright covers a written or artistic work. This includes novels, choreography, music, lyrics, plays and similar works. Trademarks are depictions and phrases that identify your company.

What kinds of intellectual property will my company use?

Many businesses use all three types of intellectual property in the course of their business. They will likely have written information on a website or marketing materials, which would need a copyright. They might have a specific invention that they are selling. They may have a logo and catchphrase that are associated with their company. All of these need to be protected.

How do I know what I need to do to protect my company?

The United States Patent and Trademark Office deals with these matters. Having your invention or other intellectual property registered can help you to keep it protected. Once you go through the registration process, you will have legal proof that the property was your company’s. This is helpful if you have to go to court.

What can I do if there are issues with infringement?

When issues like copyright, patent or trademark infringement occur, you need to take action to get those issues rectified before damage to your company occurs. This can involve going to court to have the person who is using your intellectual property stop. It might also be necessary to try to recover any financial losses that your company experienced due to the infringement. Finding out your options is necessary so that you can take swift action before your company’s image is negatively impacted to the point that it can’t recover adequately.