5.8.3 (HL)—Intellectual property protection

Syllabus
First assessment 2024
Objective
5.8.3
Level
HL

5.8.3 (HL) — Intellectual property protection

HL only

Copyright protects original creative expression such as text, music, software code or artwork; a patent protects a qualifying new invention or technical process; a trademark protects a brand identifier such as a name, logo or symbol that distinguishes the source of goods or services.

These rights can deter copying, support licensing revenue and make R&D or branding investment easier to recover. Protection and enforcement cost money, rights differ by jurisdiction, patents are time-limited and require disclosure, and competitors may legally design around protected inventions.

Match the asset to the right: copyright for original expression, patent for an eligible invention, and trademark for brand identity. Then consider registration where applicable, target countries, expected commercial value and enforcement cost.

A technology business may copyright its software code, seek a patent for a genuinely novel technical invention used by the product, and trademark the product name and logo. Each right protects a different asset rather than the whole business idea.

Intellectual-property protection does not guarantee demand, profit or complete freedom from imitation. Do not use copyright to protect an invention or a patent to protect a brand name.