Legal protection for intellectual property may be provided by patents, trademarks, copyrights, and trade secrets. Protection also may be provided by contract, e.g., in software licenses. Your company can increase its intellectual capital by educating personnel and by improving processes for handling intellectual property matters. Every day, company personnel make decisions and take, or fail to take, actions that are important to the company's intellectual capital. Many people are interested in learning how these issues affect their jobs and their business.
Every company can improve on the processes used to identify and protect intellectual capital.
If it is important to have exclusive or even nonexclusive rights to use intellectual property, take steps to obtain those rights. To increase the value of your company's intellectual capital, consider educating your personnel and improving the processes for handling intellectual property issues.