Ending Soon! Save 33% on All Access

Have a Brilliant Idea? How to Keep it Safe. (Infographic) From patents to trademarks to copyrights, here is an overview of what you can legally do to protect your intellectual property.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

The trouble with intellectual property is that it's tricky to hide. At the same time, the stakes for keeping your ideas secret can be high.

For many entrepreneurs, the life or death of a business can hinge on whether their intellectual property is protected, and how. Intellectual property can mean everything from the engineering behind a machine to a production process to a design, color or particular phrase of words.

Related: Patent Reform and the Future of Innovation

In the U.S., there are four main ways to protect an idea. One option is to file a patent. Depending on the sort of patent an inventor seeks, a patent can legally protect intellectual property for up to 20 years. Last year, more than 600,000 patents were filed in the U.S.

Take a look at this infographic from Mesa, Ariz.-based law firm Cook & Cook, embedded below, to find out how else you can keep your ideas private and what each sort of protection each option affords you.

Click to Enlarge+
Have a Brilliant Idea? How to Keep it Safe. (Infographic)

Related: Why Protecting Intellectual Property Is Crucial to Business Success on 5 Counts

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Target Is Lowering Prices on Thousands of Items — Here's Where You Can Expect to Save

The news was announced ahead of Target's Q1 2024 earnings call, expected to occur Wednesday at 10 a.m. EST.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.

Franchise

Know The Franchise Ownership Costs Before You Leap

From initial investments to royalty fees to legal costs, take stock of these numbers before it's too late.

Business Culture

The Psychological Impact of Recognition on Employee Motivation and Engagement — 3 Key Insights for Leaders

By embedding strategic recognition into their core practices, companies can significantly elevate employee motivation, enhance productivity and cultivate a workplace culture that champions engagement and loyalty.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.