Get Intellectual Property Examples In Real Life Background. However, intellectual property that is considered to have a perpetual life, such as a trademark, is not amortized since it doesn't expire. Intellectual property is something that's of value to a corporation, but is not tangible property.
You may have seen some of these in the news, and they serve as evidence that ip infringement isn't an uncommon occurrence.
What intellectual property is, how you can protect it, and which of copyright, patents, design right and trade marks applies to your work. 1, 1978, the copyright lasts for the life of the author plus an additional 70 years and is nonrenewable. Protection you have to apply for. Intellectual property is an asset your company owns that gives it differentiation and a competitive for example, you can access alfred's clipboard memory so you don't copy and paste the same keyboard maestro is an older app that still has the power to make your life easier.