What are the four main ways Intellectual Property is Protected?
Copyright provides exclusive rights to creators over their literary, artistic, and musical works. Patents grant inventors exclusive rights to their inventions, encouraging innovation by offering a limited monopoly. Trademarks protect symbols, names, and slogans that distinguish goods or services in the marketplace. Trade secrets safeguard confidential information vital to a company's competitive advantage, such as formulas, processes, or customer lists. Through these mechanisms, intellectual property lawyer rights are upheld, fostering innovation and economic growth.