here are four different ways in which individuals and organizations protect their intellectual property, listed below
- Copyrights
- Patents
- Trademarks
- Trade Secrets
let us define for each of themm in detail as follow
1
Copyrights
This will protect your original works for authorship
example
Artistic work , music , literature, , works, & computer software.
As a holder of copyright, any one have exclusive right for reproduction, distribute the work and adaption.
The copyright exists from very moment of work creation time, so registration of it is voluntary.
2
Patents
Second way is Patent. It is the set of exclusive rights which are granted by the sovereign state to the assignee or inventor for limited time period in exchange for the detailed public disclosure of such invention. This nvention may be solution to the specific technological problem and is a process ot the product
3
Trademark
It is the third way . It is define as symbol , phrase , word, or design that is distinguish the goods of particular business from the other competitors.
For example,
the “Addidas” design identifies its shoes that are made by Addidas which is absolutely differ from brand like Accorn
4
Trade Secrets
A trade secret is particular process, formula, device, or other business information which companies keep very secret so that it will give company advantage over the other competitors.