How Do Entrepreneurs Protect Intellectual Property?
Protecting intellectual property (IP) is vital for safeguarding innovations and maintaining a competitive edge. Entrepreneurs can protect IP through patents, trademarks, copyrights, and trade secrets. For instance, patents protect inventions, while trademarks safeguard brand names and logos. Copyrights cover creative works such as literature and music, and trade secrets protect confidential business information. Securing IP rights prevents unauthorized use and provides legal recourse against infringement.