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As the United States has shifted to an information and technology-based economy, it has become increasingly important to protect intellectual property. Indeed, for many companies, intellectual property is their most important asset.
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As the United States has shifted to an information and
technology-based economy, it has become increasingly important to
protect intellectual property. Indeed, for many companies,
intellectual property is their most important asset. The
protections available for intellectual property range and generally
fall into four categories: (1) patents, (2) trademarks, (3)
copyrights, and (4) trade secrets. While the first three forms of
protection all come with upfront costs, such as filing fees and
attorneys' fees, trade secret protection does not and simply
requires companies to follow best practices. It's the
"free" IP.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.