Disputes concerning intellectual property can potentially become a major and expensive distraction in business.
Prevention really is better than cure in this case. Ensure that you are taking the necessary steps to protect your original ideas by having;
- Trade marks
- Clear Written Agreements
- Trusted research and development partners and professionals.
Thorough protection should deter others from intentionally using your intellectual property.
However, every business needs to be prepared to act if their rights are infringed. You may also find your business is accused of infringing someone else’s intellectual property rights.