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ARTICLE · 18 AUGUST 2023

The Importance Of Having An Intellectual Property (IP) Strategy

To evolve with the global economy, Canadian companies, including startups, need to recognize the importance of IP within their business plans. Canadians have strong skills in innovation and development...

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To evolve with the global economy, Canadian companies, including startups, need to recognize the importance of IP within their business plans. Canadians have strong skills in innovation and development of valuable enterprises—but only by leveraging IP strategically can competitive advantages and international success be achieved.

Whether you're an ambitious entrepreneur, or an established Canadian SME, you can use IP to commercialize your ideas and scale globally. It's vitally important to capture and protect the results of your R&D efforts—ensuring that novel inventions, innovative products, and creative works are shielded from infringement and imitation.

To support companies in Canada, government programs are available to help you maximize the value of IP assets within your business, including patents, trademarks, copyrights, and trade secrets.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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