Intellectual Property Rights Welcome to P2 LexPeritus

 Intellectual Property: Understanding the Basics

Intellectual Property Rights Welcome to P2 LexPeritus (IPR) is the legal right to protect the creations of the human mind. Intellectual property rights are essential to fostering innovation, creativity and economic growth. This blog post covers the basics of intellectual property rights and the different types of protection available.
Intellectual Property Rights Welcome to P2 LexPeritus

What is Intellectual Property Rights? Intellectual Property Rights Welcome to P2 LexPeritus is a legal right that protects the creations of the human mind. Intellectual property rights cover a wide range of creations, including inventions, literary works, works of art, symbols, designs and trade secrets. Intellectual property rights are essential to foster innovation, creativity and economic growth by providing legal protection to creators and intellectual property owners. What kinds of industrial property rights are there? There are mainly four types of intellectual property rights. Patents: Patents protect inventions such as new products, processes and machines. A patent gives an inventor the exclusive right to make, use, and sell an invention for a specified period of time. Trademarks: Trademarks protect logos, symbols and names used to identify products or services. A trademark registration gives the owner the exclusive right to use the trademark in connection with its products or services. Copyright: Copyright protects original works such as books, music, and works of art. Copyright protection gives the creator the exclusive right to reproduce, distribute and display the work for a specified period of time. Trade Secrets: Trade secrets protect confidential information that gives companies a competitive advantage, such as: Examples: recipes, processes, customer lists, etc. Trade secret protection gives the owner exclusive rights to use information and prevents others from using it.

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