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People are aware of the physical property concept, as it is essential to take necessary precautions to protect it. But there is another type of property that's related to those engaged in artistic activities.
Literary Rights- In this, a book is an example of intellectual property. It refers to an author's writings that grant him/her the right to use those writings exclusively, including publication, and to sell or license for a profit to others, which permits the author to publish it.
Trade Secrets Protected- Any information that can lend your business a competitive advantage is called a trade secret.
Each company has trade secrets, and safeguarding them from being used without your knowledge is critical.
This type of property is called intellectual property, and it is crucial to protect as any tangible property.
Some examples are as follows:
· Music
· Licensing Art
· Maps, which may be copyrighted
· Trade secrets
· Intangible Works
· Design
· Inventions
· Literary rights
· Submission Release
· Original written works
· Photographs
· Software
While this list is not all-inclusive, it indicates the form of property; the common element is that it is not necessarily tangible: a creative concept that has value and a need to be protected from misappropriation or misuse.
Perdomo Law is a leading NYC Intellectual Property Law Firm, experienced in knowing if your work qualifies as intellectual property, and how to protect it. Visit us today!
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