Understanding intellectual property
Intellectual property (IP) is the property of your mind or proprietary knowledge and 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 understand how you can incorporate IP into your business planning and strategy, and enable you to establish a relationship between IP and your chosen profession
Last Updated: 16/12/2013