5:48 AM
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Companies
all over the world have various assets like people, facilities, and money that
keep them afloat. However, there are assets that are more abstract and
intangible, but are just as crucial to a company's survival, such as corporate plans, designs for new
technologies, and even business models. These things can be roughly classified
as intellectual properties, which can be further subdivided into four distinct
types.
Copyrighted
materials like books, paintings and audio CDs are physical versions of abstract
ideas such as stories, art, and music that may or may not be released to the public.
“Copyright” protects both the physical copy and the idea it contains from
tampering and copying. Trademarks, on the other hand, are logos, signs,
symbols, or any other thing that is used to distinguish...
