What is intellectual property?

Intellectual property law relates to new methods, products, expressions of ideas, trade secrets, brands, logos and reputations. Some intellectual property rights arise automatically from the date of creation, whereas others require registration. Intellectual property rights are highly valuable to most businesses and are commonly treated as assets. They can be assigned, transferred, waived or licensed. You can commercialise your intellectual property and avoid infringing that of others by being aware of and working within the law.