There were 2.6 million applications for patents filed in 2013 all around the planet. This represented a 9% increase from 2012. Copyright protection lasts for 70 years after the author dies. This is all important information to know. Intellectual property in the United States has a net worth of somewhere between $5 and $5.5 trillion, according to the U.S. Chamber of Commerce Intellectual Property Center. Intellectual property theft costs the U.S. economy about $58 billion every year, according to the Council of State Governments. This figure includes $3 billion is lost tax revenue and $16 billion is loses for copyright owners. Intellectual property law may be a very dry subject but it is an important one as well.
The Basics of Intellectual Property Law:
This branch of the legal