This document discusses 10 things smart companies should know about intellectual property. It covers the different types of intellectual property including copyrights, patents, and trademarks. It provides advice on registering intellectual property, improving products for patents, preventing cybersquatting of domain names and trademarks, and choosing prevention over cure when it comes to intellectual property issues. The overall message is that intellectual property laws exist to protect property such as copyrights, patents and trademarks, and companies should understand these laws to protect their intellectual creations and brands.