Understanding intellectual property

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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: 04/11/2015

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