When you have a creative asset such as music, painting, design etc, that you have built yourself, then it can be referred to as your intellectual property. In order to ensure that no unscrupulous persons misuse your original work and violate your exclusive rights you should know what these rights are and how you can take legal recourse to protect them.
Intellectual property can be divided into two main categories - industrial property such as patents, industrial designs and trademarks and copyright, which covers expressive and original creations like music, art, and artistic design. The most important privilege that intellectual property law bestows on the creator is that of right of use and sale of the original creation as governed by the laws applicable to the region.
The property of the owner can be used either by him or he can permit its use by some other person. The owner also possesses sole right to allow others to reproduce the work. The work cannot be altered or marketed by any other individual than the IP owner, and she has a right to object to such distortions by others. These rights can be bestowed upon others by going through certain formalities laid down by the law.
These rights seem all encompassing but there are some limitations attached to them. In some nations the creative work should be in concrete form to be identified and acknowledged as intellectual property.
As tangible objects are physical in nature, it is much easier to identify and make legal enforcements for cases pertaining to these. But, for intangible things, it is sometimes very tough to prove that violation has taken place and compensation can therefore be claimed by the IP owner. Thus, it is very important to know and understand the rights you possess with respect to such creations so that you can reap the benefits - both financial and otherwise - of your creations.
Discover more about Trademark Registration Singapore and discover how does an Intellectual Property protection increase the net worth of your business very fast.
Tags: business value, ideas protection, Intellectual property, IP law, IP lawyer, laws, Patents, trademarks