What IP means to you

Summary of key concepts

• The laws protecting IP are not always clear or logical.
• It is important to be able to prove ownership of IP.
• Intellectual property has many of the same ownership rights as physical property. The difference is that IP can be licensed or assigned many times.
• Each type of IP has its own legislation and registration requirements.
• It is important you effectively manage your IP to ensure you get the best protection and are able to take the best advantage of it.
• There may be a difference between the creator and owner of IP - make sure that you understand this and have addressed it through appropriate contractual arrangements.