ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Copyright gives you the right to decide who can make and sell copies of your work.

Detailed explanation-2: -So how can a writer protect his ideas? Even if ideas are not protected by copyright, they are a form of intellectual property, and the recipient of an idea can agree to pay the provider for it. This can be an enforceable contract.

Detailed explanation-3: -Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.

Detailed explanation-4: -What Is the Difference Between a Patent, Copyright, and Trademark? A patent protects new inventions, processes, or scientific creations, a trademark protects brands, logos, and slogans, and a copyright protects original works of authorship.

Detailed explanation-5: -Intellectual property-a term often erroneously used interchangeably with copyright-covers the creative expressions of a given copyright. IPs are what results from a copyrighted work. When you write an original novel, you also own the intellectual property that goes with that original work.