WEBVTT

00:00.000 --> 00:06.520
Intellectual property and software licensing. In this video we will understand the

00:06.520 --> 00:12.560
concept of intellectual property and identify the differences between

00:12.560 --> 00:20.440
proprietary and open source software licenses. Have you ever created something

00:20.440 --> 00:27.240
like a game, app or story and wanted to keep it safe from being copied? That's

00:27.240 --> 00:33.200
where intellectual property or IP comes into protect your data. In the digital

00:33.200 --> 00:37.920
world there are four main types of intellectual property that helps to protect

00:37.920 --> 00:45.160
your work. Copyright includes application designs, your digital art, music you

00:45.160 --> 00:53.240
composed, a story you wrote, patent includes unique programming codes, new type of

00:53.240 --> 01:00.160
data encryption, tool that makes work faster, health tracking devices,

01:00.160 --> 01:08.200
trademark includes your app name, logo you designed, your startups tagline, your

01:08.200 --> 01:17.080
brand's color scheme, trade secret, a private list of customer and secret data.

01:17.080 --> 01:22.520
Software license is an agreement that tells you how you can use a program. When

01:22.520 --> 01:27.800
you install software and you usually have to agree or accept to the license

01:27.800 --> 01:33.480
before using it. There are two main types of licenses, proprietary licenses and

01:33.480 --> 01:39.920
open source licenses. In proprietary licenses you pay to use it but can't change

01:39.920 --> 01:49.280
or share it and in open source licenses are free to use, share and even modify.