IP law should always be considered in conjunction with your social enterprise. IP can mean a brand, invention, design, creation and can be legally owned. This includes your company name, the products and services you make or provide or the written material you create. IP can be valuable to your business and in some circumstances provide revenue. IP law offers protection against infringements. There are four ways to protect your IP:
- Patents – protection available to inventions
- Trade Marks – slogans, logos, brand names
- Design Right and Registered Design – the appearance of 3D objects
- Copyright – original literary artistic or dramatic works and sound recordings that result from creative skills
It is important to be mindful of infringing IP laws when conducting business. It is useful to set out your IT and internet policies to new employees.
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