Whenever an individual or group invents or develops something, they obtain patents. If an individual or group authors a literary work or any form of creative art, they obtain copyrights, which give them exclusive rights to their creations. As a way to protect themselves from fraud and other negative consequences in their businesses, and as a way to distinguish themselves from other competitors, companies and even individuals have their products and their names trademarked. All of these are what basically comprise intellectual property (IP) law, which, like the protection of one’s ownership of a certain property or real estate, likewise provide protection to an individual or group’s special control over certain assets.
But what really is intellectual property law? It is simply defined as a branch of the law dealing with protecting the rights of individuals or entities that are responsible for certain inventions, designs, and artistic works. One of the primary purposes why there are laws that put intellectual property rights into importance is to provide persons and entities the assurance that they can benefit from their creations without any fear of fraud. In this regard, economic growth comes into mind. Because the individuals and entities are given exclusive rights to their creations, they are provided the opportunity to not only reproduce their works, but earn profit from them.
In the U.S., the government agencies responsible for enforcing the laws on intellectual property include the U.S. Patent and Trademark Office and the U.S. Copyright Office. Basically, IP law governs three main protection mechanisms: patents, trademarks, and copyrights.
Individuals or groups who have created something that is genuine or have been bestowed rights to a certain creative work must be able to seek a lawyer for intellectual property. Doing so will preserve their interest to reproduce, sell, display, or just inform others of their exclusive rights to their inventions, designs, and other works. The legal counsel can also be sought if their creative work was used in an unauthorized way by another person or entity.