Maggy Bailly, Attorney, Bailly Law Firm discuss intellectual property transfer in the global market.

watch video  (27:06 mins) l presentation handouts

Ideas or inventions that can be protected are often referred to as intellectual property, because the product is the result of the creator's intellect. The advantage to registering and protecting your intellectual property is that you may receive recognition for your work, as well as exclusive rights to make and sell the product or receive royalties or license fees from others who are authorized to use it. Depending on the type of product involved, you would apply for a patent, a copyright or a trademark. Each involves a different application process, and the cost and the terms and conditions of protection vary for each.