Intellectual property is a subject that has far reaching implications for your business. There are several different types of intellectual property that every business deals with. They include: patents, trademarks, copyrights and trade secrets.
Intellectual Property (IP) laws vary country to country with some countries having strong IP laws while others have little to none. When asking a question about IP, it's important to include the country that you are concerned with.
One of the most popular and relevant questions and answer to budding entrepreneurs has to deal with Ownership of works created on your own time. This is actually a complex question because the answer has a lot to do with where you live and your employment contract.
As with anything of a legal nature, make sure to contact a lawyer for specific advice.
Some Other Intellectual Property Questions Worth Reviewing