Monday, December 3, 2012

Can Your Intellectual Property Be Stolen?


Intellectual Property is something that is created by you and sold online or physically in a store. Your Intellectual Property are things that consist of anything you may have thought up and and then put into action by selling it. For this article I am going to shorten the word Intellectual Property and refer to it as "IP"".

"IP" covers a lot of ground. It can be a new product, site on the web or even an article you write!

Not too sure what an "IP" can be, below is a small list to give you an example of what "IP" is all about. If you ever created any of these, then you have "IP".

Ebooks Created any kind of graphics for a website or Ebook Created your own website or sales page Written songs or wrote poetry online. Written articles or taught a course online Created videos for YouTube or maybe your own website. These are all considered to be "IP". That was just a small list of what can amount to property belonging to you. Anytime you create something that was thought up by your own, it automatically becomes YOUR personal Intellectual Property. These things are all yours until death. No one can take them from you.

As hard or as easy it was to create the product, it can be extremely easy to lose it. You have to protect your property to those that will steal it and sell it for their own gain. In the past you needed a high priced attorney to do this for you, but other ways have been developed. Software is now helping small business and start ups protect their property at a lower cost than hiring an attorney.

If your property is stolen, you will start to notice your internet sales dropping, your income slowly disappearing. You later find out that your property is being sold on eBay and other websites for less and often times for free. You can hirer an attorney, but it will cost you more to fight these people than the money you win in the courtroom. These people know this and that is why they do it at will.

These individuals or groups main purpose are to find products that are selling well, so they can exploit your products, business ideas and worth. They do not hide themselves well and may lose a few lawsuits here and there. Yet the benefits they receive from conducting business on the internet black market is extremely lucrative for them. The demand is there for their services and the internet makes it easy for them to find their way into any business at will.

Intellectual Property and the Economics of Entertainment   Benefits of Understanding the Value of Your IP   Starting Your Career As An Intellectual Property Lawyer   Do You Need a Lawyer to Respond to a UDRP?   



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