Protecting Intellectual Property (‘IP') is crucial
for most businesses, making it worthwhile to invest time in
determining the best protection strategies. It is essential to
clearly identify your IP to assess whether it has been adequately
safeguarded and will remain protected in the future. Your business
likely possesses various forms of IP, such as inventions eligible
for patent protection, names safeguarded
through trademarks, designs covered by both registered
and unregistered design rights, and copyright to protect creative works like
software, films, music, and associated usage rights.
Who owns the IP created by an employee?
The first ownership rule is that any IP created by you or by an
employee whilst in the course of their employment with you, is
automatically the property of the employer.
