INTELLECTUAL PROPERTY POLICY ONLINE: 2025

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Four types of intellectual property are patents, trademarks, copyrights, and trade secrets. Intellectual property rights are given to inventors, businesses, and authors to protect inventions, brands, valuable information, and works of authorship.
An intellectual property policy should aim to: maintain an environment where disclosure of creations, inventions, and discoveries is encouraged in order to achieve the greatest public benefit. protect the IP rights of faculty, staff, other originators of IP, and the institution.
Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.
The creation of intellectual property is an exciting time, and before going to market, you need to protect your idea in the best way possible. This brings us to the four types of intellectual property protection copyrights, trademarks, patents, and trade secrets.
Intellectual property can take many forms, and each form is protected differently. In this post, we will explain the basics of the most common types of intellectual property copyrights, moral rights, trademarks, patents, and trade secrets.
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Digital Assets Types of Intellectual Property IPProtection Patents Inventions, industrial designs, computer code Trademarks Unique identifiers for a business or its products or services (e.g., logos, brand names) Copyrights Works of authorship, including books, poems, films, music, photographs, online content
Intellectual property is protected by law through patents, copyrights, trademarks, and industrial designs. These enable people to earn recognition or receive financial benefits from their creations or inventions.
Enforcement insurance typically costs about 1-1.5% per year of the total amount of insurance. For example, $1,000,000 of patent enforcement insurance will cost about $10,000/year. Defense insurance typically costs about 1.5% per year. $1,000,000 of patent defense insurance will cost about $15,000/year.

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