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Three main ways that intellectual property is protected
1. Trade secret: intellectual work or product belonging to business, not in the public domain
2. Copyright: statutory grant protecting intellectual property from being copied for the life of the author, plus 70 years
3. Patents: grants creator of invention an exclusive monopoly on ideas behind invention for 20 years
2. Copyright: statutory grant protecting intellectual property from being copied for the life of the author, plus 70 years
3. Patents: grants creator of invention an exclusive monopoly on ideas behind invention for 20 years
