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Intellectual Property

Intellectual Property

It is almost certain that every business, large or small, will own or use intellectual property (IP) even without realising it.

In a recent survey, 86% of UK small businesses said it’s important to know how to protect their intellectual property, but what exactly is IP?

IP covers any original creation, not just inventions, and can include your business name, logo, images, promotional material and even your website.

Below is a video regarding the importance of protecting your intellectual property.

 

There are four main types of IP:

Intellectual property assets can be integral to the growth and sustainability of a business. When properly managed, the value of your IP can far outweigh the physical assets, accounting for over 70% of your business’ value. 

It’s important to identify and protect your IP early on, but if you’re new to the subject, where do you start? 

Watch the video below from Business Support Helpline regarding how to trade mark and copyright.

Other useful links:

Growth hub providers – help with intellectual property

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