What is Intellectual Property?
Intellectual property is something that you have uniquely created, in the physical sense. An idea in and of itself does not classify as intellectual property. For example, the idea for a book does not count as intellectual property but the words that you write does count.
You automatically own intellectual property if:
- You created it, and it meets the requirements for copyright, a patent or a design
- You have bought the rights from the previous owner or the creator
- You have a brand that could be a trademark
- You will not usually own the intellectual property for something that you create as part of your work for your employer.
Intellectual property can be owned by a person or a business and can have more than one owner. It can also be bought, sold or transferred to new owners.
JMR Solicitors are here to help build value in your brand and protect your ideas, data, products and designs from unauthorised exploitation and counterfeiting. Contact us on 0161 491 3933 to discuss your rights.