Understanding intellectual property
Intellectual property (IP) is the property of your mind or proprietary knowledge. It can be an invention, a trade mark, a design or the practical application of your idea.
IP can be a valuable business asset. It is important that you understand how to protect it.
To understand IP you need to know:
Having a reasonable knowledge of IP helps you to incorporate it into your business planning and strategy, and enables you to establish a relationship between IP and your chosen profession.
Last Updated: 30/7/2015