Why is intellectual property important for startups?
Intellectual property (IP) is crucial for startups as it protects their innovations and brand identity, giving them a competitive edge.
What types of intellectual property should startups consider?
Startups should consider patents, trademarks, copyrights, and trade secrets to safeguard their unique ideas and products.
How can a startup protect its intellectual property?
Startups can protect their IP by registering trademarks, filing for patents, using non-disclosure agreements, and keeping trade secrets.
What are the risks of not protecting intellectual property?
Without IP protection, startups risk losing their competitive advantage, facing legal disputes, and having their innovations copied.
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