Intellectual Property Rights (IP Rights)

As the owner of valuable intellectual property (IP), you have rights that govern how this property can be used. 

Known as IP Rights, the relevant legislation protects you against unauthorised use, reproduction, distribution or sale of your IP. It also allows you to legally defend yourself against infringing behaviour. 

Why Do We Need IP Rights?

IP is recognised as being a valuable asset. IP rights provide the creator with the time, opportunity and framework through which they can commercialise their ideas. 

The ability of an original manufacturer to enforce IP rights also ensures that consumers can enjoy genuine products made to high quality and safety standards. 

Without IP rights or the capacity to enforce these, IP could be easily stolen and used in any capacity regardless of the owner's preferences. 

This is not only damaging to the creator but can also have a detrimental effect on our economy. 

The sale of counterfeit goods and pirated digital materials among other types of IP theft, account for billions of dollars lost to our economy each year. 

IP Rights In Australia

Australian IP Rights support a healthy and thriving economy. They are designed to encourage innovation and protect businesses that develop IP. 

This allows businesses to gain a competitive advantage through continued innovation while also helping create more jobs with higher salaries. It also encourages the international export of new innovations for even greater economic gains. 

For support in understanding your IP rights and how to enforce them, it is recommended to speak with a qualified IP attorney.

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