What Happens If You Don’t Defend Your Intellectual Property?
Intellectual property refers to creations of the mind such as inventions, artistic works, literary works, names, symbols, images, and designs used in commerce. Just as important as protecting intellectual property rights is defending them. If individuals and businesses fail to protect their intellectual property, the system ceases to function. All the benefits and protections that these laws safeguard will disappear. This adds further complications for businesses and individuals to deal with. Potential Consequences of Failing to Defend IP Fair market competition, innovation, economics, and historical culture can suffer negative repercussions when individuals and businesses neglect to protect their intellectual property [...]