1. Intellectual Property and its value
What is Intellectual Property (IP)?
IP refers to the ownership of creations or knowledge resulting from intellectual efforts. IP protects the idea and gives the owner the right to decide how others can apply it.
There are a few different types of IP, with copyright, trademarks and patents the most well-known. Each of these covers a different aspect of your creations, so it is important to know the difference between them all. We will cover these differences more as we go through the module.
The value of your IP
If you develop an idea or content that is new or original you may want to protect your ownership rights.
The value of your Intellectual Property (IP) (YouTube, 47s):