Summary:

Intellectual property (IP) issues are often overlooked when starting a venture. It is of great importance to determine if any part of your process or intellectual property of your venture needs to be protected. Conversely, understanding if your venture infringes on another company is imperative for long-term success. Accessing resources to determine your venture’s rights and the potential need for a patent or IP protection will protect your venture. These resources will help an entrepreneur understand basic intellectual property issues on patents, copyrights, and trademarks.