You can protect your intellectual property through a number of different legal methods. But you should be vigilant in also safeguarding and maintaining your secrecy around your business plans.
There are a number of different commercial strategies you can use to protect IP, including protecting proprietary knowledge through confidential agreements and rapid production and development for short life-span products.
Get daily business news.
The latest stories, funding information, and expert advice. Free to sign up.
There are also several different formally registered rights you can use. These include patents, trademarks, industrial designs and business, company and domain names.
Also be aware there are some automatic rights granted with no formal registration required, including copyright and circuit layout rights.
By making sure all your intellectual property assets are protected, you’ll reduce the risk of running into problems.