From the course: Business Law for Managers
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Intellectual property
- This is my absolute favorite subject. Reason being, intellectual property is integral to helping us put together our ideas and put them out in the world in a way that gives us the freedom to be creative, all while knowing the laws protecting us. I always tell my clients structure creates freedom, so let's dive in. In this video, you will learn the main types of intellectual property recognized by federal law in the United States and how each one of them functions as an integral part of business law for a company. Intellectual property, or, as we like to call it, IP, is the set of laws that protects our goods, services, inventions, and creativity and how they're marketed. When your company puts out items to sell, they have to register the works themselves if they can and the creative use of the branding surrounding those items. This is why IP is so important. It can be the beginning or the end of the road of a profitable good or service. There are three types of IP in the United…
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