7.1.7 Summary of Key Points

Intellectual Property is an important tool for the economic, social and cultural development of all countries. It is very important to know how to use and protect effectively IP.
Intellectual property refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce.
For SMEs and its innovation it is crucial both to protect IP and to properly choose with whom to share innovations and trade seceret among the staff and partners.
If you want to operate on foreign markets you have to be aware of international regulations and different patent regulations.

With this component you have studied how to use IP as a business asset and understand how IP relates to business. In this module you have learnt the most important intellectual property protection tools which you can now implement in your own business. For improving your business effectiveness you have also learned how you can use non disclosure agreement to protect your business secret and contracts.