Intellectual property (IP) is a key driver of innovation and economic growth in business. For many small businesses, the intellectual property you create is your competitive advantage; the success or failure of your enterprise may depend on your ability to protect that property in a timely manner. In an increasingly competitive and crowded market, intellectual property protections offer incentives to keep pushing for new advances. While protecting your IP won’t prevent people from stealing or copying your property, it will provide you with legal recourse.
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