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Running Head: PROTECTING INTELLECTUAL ASSETS 2

PROTECTING INTELLECTUAL ASSETS 2

Protecting Intellectual Assets

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Protecting Intellectual Assets

Many people get excited when they finally finish working on their latest inventions, and the first thought in their mind is usually to come out and introduce it to the entire world. When on reveals their personal property to the entire world, there may be people who might try to steal your ideas, and therefore it is necessary to protect it at al costs. sometimes patents and copyrights might become in handy during this time, but they never guarantee complete protection. Therefore, the following other measures could be taken to counter the thieves; first, one should circumvent joint ownerships because it could be difficult to protect later. Also, one can implement an exact-match domain. “While a costlier objective in the short run, the windfall of benefits in the long run is unrivaled.” (Copyrighted.com, 2019).

Moreover, one could also decide to generate a confidentiality, licensing or non-disclosure with their partners or employees. This will prevent them from ever going against their word when it comes to the assets. Implementing security measures within the business enterprise. This can be done through use of passwords to protect the network of computers, encryption, use of virtual private networks as well as WIFI protected access. Some people might choose to keep the whole thing quiet and out of sight so that it avoids attracting attention which will bring with it the security issues. Otherwise, the inventor can also decide to publish the invention widely with attributions. This means that one should always make sure that the company’s name or the name of the asset is attributed whenever they are mentioned. This will make the product to be online most of the time hence more patents (Forbes Tech Council, 2018).

References:

Copyrighted.com. (2019, April 18). How to Protect Intellectual Property in 5 Different Ways. Copyright Registration, Protection, and Takedown Services.  https://www.copyrighted.com/blog/protect-intellectual-property

Forbes Tech Council. (2018, July 23). Council Post: 10 Effective Ways To Protect Your Intellectual Property. Forbes.  https://www.forbes.com/sites/forbestechcouncil/2018/07/23/10-effective-ways-to-protect-your-intellectual-property/#2b99700c32e1