Question

What are some methods available for a person to claim intellectual property if breached?

Answer 1

Explanation :

Intellectual property can be termed as an organisational product launch plan, secret chemical formula, or inventions that can be provide competitive advantage in the market.

Intellectual property can be divided into two different categories like
1. Industrial property.
2. Copyright covers.

Some of the examples of intellectual property breaches are :

• Unlawful use use of pirated software (i.e duplicate software).
• Use of similar product specifications etc.

To identify the stolen intellectual property is very difficult and many times impossible to catch the wrongdoers but the various steps which can be taken to claim the intellectual property breach are as follows:

1.First of all, identify the person who has intellectual property infringement and is using intellectual property unlawfully.

2.Identify the amount of damage being suffered by the entity through these theft of intellectual property.

3. Calculate the fair value of intellectual property to the organisation.

4. At last, hire an expert lawyer involved in intellectual property cases for further court proceeding against the accused.