What are the different types of intellectual property?

Intellectual property (IP) is a type of legal protection given to the creators of original works. This applies both to works created and owned by individuals and businesses. It helps to protect their ideas and creations from being stolen or copied. In New Mexico, intellectual property is broken up into several different categories, each with its own set of laws and regulations. These categories include trademarks, copyrights, trade secrets, patents, and industrial designs. Trademarks are signs, symbols, or words that distinguish one person or company’s products from another. Copyrights protect published works from being copied or appropriated without permission. Trade secrets are confidential information that companies use to gain a competitive advantage in the market. Patents are exclusive rights granted to the inventor of an invention. Industrial designs protect the visual features of a product. No matter what type of intellectual property is being protected, it is essential to understand the laws in New Mexico and seek the help of a qualified lawyer if a dispute arises over the matter. Understanding the different types of IP can help creators protect their works from being taken without permission or compensation.

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