IP and technology

Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names and images used in commerce. IP is protected in law by IP rights such as trade marks, design rights, copyright and patents.

IP rights allow those who invest time and resources into creating and developing IP to reap benefit from their investment. IP rights are valuable business assets and, like any other asset, should be protected. By registering (where necessary), maintaining and enforcing IP rights, a rights holder can prevent others from stealing or copying their IP and thus maintain the value of their IP rights.

Technology refers to the use of scientific knowledge for practical purposes. IP is a key element of technology, but the IP and IP protection required depends upon the characteristic of the technology concerned.

New and emerging technologies

The technology industry is fiercely competitive and the race to develop the next technological advancement is persistently looming. It is therefore key that technology businesses protect their IP. Although it is important to consider each of the IP rights which may be available, technology

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