Complementary Strategies to Protect Intellectual Property

There are four primary types of intellectual property, but rights to intellectual property often intersect and overlap. Protecting intellectual assets often is a challenge, and effort must be made to determine the best way to achieve that protection. For example, many people believe that the recipe for Coca-Cola is the best example of the value of trade secret protection. Legend has it that the recipe or formula for Coca-Cola is locked in a vault with no one person having access. Although the formula for Coca-Cola would be protectable under patent law, because patents have limited duration, the formula would be available for anyone to use after the period of patent protection expired. ...

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