What does it mean to talk about intellectual property?
While the concept of physical property and ownership is easy
to understand, we also tend to navigate the world with the general idea that no
one owns the ideas.
Technically correct. However, when it comes to ideas, access
and ownership doesn't tell the whole story.
Inventions and intellectual property may be protected by
patents and access to some products is provided through licenses.
Intellectual property in the business world
Particularly in the business world, intellectual property
can include a wide variety of "materials" ranging from:
movie scripts
trademarks
logos
inside information related to trading secrets
software
One of the maximum important methods of intellectual property today is software.
Basically, if the material can be profitable, it can rightfully
be considered intellectual property, but it can be difficult to protect.
Intellectual property is becoming a major concern for many organizations, who
are concerned that it could be used or stolen, which could harm the creators.
Digital Rights Management Solutions
If your business is concerned about protecting your digital
assets, or if you find it difficult to keep track of what intellectual property
you have access to, then it's time to turn to digital rights management tools.
Digital rights management programs allow companies to
carefully regulate the use of inside information, including who has access to
it, whether it can be emailed or copied, how long it is available, and whether
others can store it.
Data as intellectual property
One of the many conducts in which modern operations have
expanded the concept of intellectual property is by including data in the
category of intellectual property.
Companies that have developed their own algorithms for
collecting or analyzing data can protect their intellectual property. Data has
value in and of itself.
In the past, data may have been considered too informal to
be considered an intellectual property class, but today's economy is data
driven, which undoubtedly makes it proprietary.
Information Rights Management
Because of the importance of data to companies and the
degree of privacy associated with this type of information, the digital rights
management world actually includes a subcategory known as information rights
management.
Information Rights Management specifically aims to protect
sensitive data and documents that may be transferred to third parties or
individuals.
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