Intellectual property is an incredibly valuable asset for almost any organization, especially when innovative designs and processes are at stake. Intellectual property includes anything from patents and trademarks to copyrights and trade secrets. For start-up businesses or even businesses that are already in operation in California, it’s important for owners to understand the importance of intellectual property.
When it comes to intellectual property, businesses want to ensure that they do not ‘contaminate’ their own trademark by using similar designs or information from other companies. It is critical that upon creation of one’s business that everything is done from scratch and is researched to ensure that it isn’t similar to any other business out there. Otherwise, a company could run into disputes, especially when that company gets off the ground quickly and successfully.