Research and Intellectual Property

Research meaning is defined as the improvement of knowledge and the unique use of pre-existing
knowledge to produce unique ideas, strategies, and concepts. This might involve synthesizing and
analyzing earlier research to the point that it produces original and innovative results. The goal of
research is to support the management in making good decisions. Businesses will struggle to understand
the current condition and future forecasting without support from research and information analysis.

There are a lot of reasons why business need the the research and let me describe (5) facts.

They are . 1. To quickly understand your clients

2. Recognizes Problem Areas That Are Useful in Comparative Studies and

3. Helps in Creating New Business Opportunities

4. Decrease Loss

Intellectual meaning is everything made by human ideas, including inventions, literary and creative
creations, designs, logos, brands, and other things used in commerce. It needs to be properly protected
because it sometimes has even more value than material possessions.You need to protect your
intellectual property which is called IP.IP is one of the main picture of your organization.There are many
reasons why you should protect your IP.If you protect your IP they can:

1. set your business apart from competitors

2. be sold or licensed, providing an important revenue stream

3. offer customers something new and different

4. form an essential part of your marketing or branding

5. be used as security for loans

There are (4) types of IP.They are: 1. Trademarks

2. Patents

3. Copyrights

4. Trade Secrets

As a company or organization, you need a research and development department. The research
and development division helps in determining which goods and services would be most successful to
offer to clients and customers. The various tasks a business performs in order to develop and introduce
new products and services aimed at customers or clients are part of research and development.There
are some advantages of having a research and development.
They are : 1. Specific

2.