IPR, which stands for “Intellectual Property Rights,” is the English term we also refer to in Danish as “immaterialret”. Essentially, it signifies ownership rights over intellectual creations such as trademarks, logos, inventions, know-how, software, articles, user manuals, domain names, and artworks.
IPR is a part of your company’s assets; like any other assets, it’s wise to protect them from unauthorized use.
This is particularly crucial in the startup phase, as rectifying registrations and infringements later on may prove too late.
During collaborations with other companies, universities, and organizations, new IPRs can be generated. Therefore, it is advisable to establish clear agreements from the outset that address the ownership of IPR for collaborative work.
Feel free to contact us if you require assistance with IPR. Click here.
“As a general rule, an idea cannot be protected by IPR, so the primary safeguard is to refrain from sharing it with others. A confidentiality agreement should be drafted if you need to share it with others. When the idea takes physical form, it becomes eligible for protection under IPR.”
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