By: Afshin Doust
Intellectual Property (IP) refers to an innovation of the mind, and as such it encompasses creative ideas permeating the worlds of art and commerce. Originality is its substance; teleology is its element.
IP represents a specific category of property comprising intangible products of intellect which fall into two broad categories.
> Industrial knowledge—examples include patents, trademarks and industrial designs, for which creators can file an application asking government to register innovations as their exclusive property.
> Copyrighted material—examples include literature, film, television programming, works of art, web content, software, music and architecture, the creation of which qualifies for automatic legal protection within most jurisdictions.
As the Fourth Industrial Revolution gains momentum, innovators are facing more competition as well as increased time constraints. R&D remains essential to progress, but the shrinking world of information exchange and the re-emergence of consumers as economic commanders has shifted productive efforts away from foundational research and toward optimizing Time To Market (TTM) metrics. The open innovation platforms of last century are yielding to lean business processes and open-source experimentation where both costs and benefits are shared among multiple stakeholders.
Read more >> https://www.ai-systems.ca/2019/10/intellectual-property-how-to-identify-it-capture-it-articulate-it-and-capitalize-it/
