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Intellectual Property Types
Patents
Patents
A patent is a government-granted right to exclude others from making, using, selling, or importing the patented material. The owner of the patent is the only person with the right to enforce the patent against any alleged infringer.
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Trademark
Trademark
A trademark (or service mark) is a unique identifier that signals to consumers the origin or source of the goods to which the trademark is attached. A trademark may be a word, symbol, container shape (known as trade dress), scent, or sound; nearly anything that could serve to indicate the source of the product. Owning a trademark entitles the trademark owner to prevent others from using a mark on products that might lead to consumer confusion as to the source of the product.
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Copyright
Copyright
A copyright is a legal right generally affecting who can use, copy, distribute, transform, publicly display, or publicly perform an original work of authorship. Copyright protection is available for many types of works, including literary, musical, and dramatic works. A copyright is exclusive to the author of the work, though the legal author may be a company through an appropriate work-for-hire agreement.
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Licensing
Licensing
Licenses are outsourcing a particular service, function, or step in the commercial process to a third party whose expertise allows them to achieve something the IP owner themselves could not or at a price they could not.
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Trade secrets

Trade Secrets

Intellectual property like know how, formulas, processes and confidential information giving the owner a competitive advantage. Unauthorized disclosure will bring harm to the owner. 1

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