3 Main Types of Intellectual Property Protection ✅👌
13 Oct 2023 · 1 min

0:48
The speaker (Richard Canfield) explains that intellectual property (IP) allows businesses to capture value that is not tangible, covering the time, money, and effort behind creations. The video breaks IP into three main areas — patents (protect inventions), trademarks (protect brands), and copyrights (protect creative works like books, sculptures, paintings) — and notes businesses pursue the appropriate protection depending on the nature of their innovations.










