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Know More About the Types of IP Rights from The The IP Boutique Firms IP is the acronym for intellectual property and is a right that every person or an organization is entitled to exercise. The purpose behind the instituting the IP law is to encourage inventive ideas to be generated without having to be intimidated by competitive theft. www.macleanip.com.au
The Different Types of Intellectual Property Rights Basically, there are four major types of intellectual property which is protected by the intellectual property lawyers Perth law firms. Any person encroaching on the privacy, ownership and the rights of the intellectual property of a person is liable to be booked for violation of the IP law
Trade Secrets Since all the creations or organizational innovation is initiated as a trade secret, but when it reaches the marketing stage, the secret is no more a secret and has become public. In such a situation, protection of the details of the creation, the concepts behind the innovation and the entire project involved in the innovation must be protected against being copied
Trademarks The creation of a trademark affirms the ownership of a logo or a tagline and grants the creator complete legal ownership to the creation. Therefore, the organization becomes the sole proprietor to the trademark and any similar creation will be considered a violation of the IP law and can be prosecuted.
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