Recent “patent wars” between mobile-phone makers Apple, Samsung, HTC and others over smartphone technology have highlighted the importance of businesses being able to protect their intellectual property rights.
Copyright law and patents are vital to a thriving knowledge-based economy. For small companies that have invested in research and development and want to protect their assets, copyright and design laws are in practice the most cost-effective method.
Larger companies are more likely to apply for patent applications, which are seen as a more effective and expensive form of protection, particularly in sectors such as media and information technology where advances can give them a significant advantage.
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