What are requirements to protect such intellectual property

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Reference no: EM132184137

Overview: Intellectual property (or “I.P.”) is becoming more important because of the significant value of I.P. to many corporations, which in some cases may exceed the value of physical, tangible assets. To protect IP, one must consider the IP type, how to protect and/or register IP, and what the remedies are for infringement. Instructions: Create a fictitious corporate asset (i.e. tangible product, logo, invention, published works, etc.) and summarize in detail the following items: What type of intellectual property does the corporate asset fall under? (Copyright, Trademark, Patent, or Trade Secret) Explain. What are the requirements to protect such intellectual property? Explain the legal protections. What is infringement and what are the remedies for infringement and theft of a trade secret? Does the corporate asset have to be formally registered with the appropriate government agency to receive legal protection from infringement or theft of a trade secret? If not, why not? Explain. What are the potential legal and economic consequences of not protecting the corporate asset? Explain.

Reference no: EM132184137

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