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Intellectual Property refers to works created by inventors, authors and artists. these works are unique and have value in the market place. In our daily lives, we are surrounded by things that are protected by IP. Your school bags, your shoes and even your socks are protected by Intellectual Property rights. Nike, Bata or Adidas, for example, are all protected by a group of legal rights.

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13y ago
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14y ago

Intellectual property includes creations of the mind: inventions, literary and artistic works, symbols, names, images, or designs used in commerce.

It breaks down into two primary categories: Industrial property, such as inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, such as literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and those of broadcasters in their radio and television programs.

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7y ago

Basically, in very common language, "what I think, I own; what I create from what I think, I own." Now, two or more people may have a similar idea / thought, and even make a similar creation... then, it becomes who did it first. If 2 creations differ significantly in some aspect, however, both could get a patent. Similarity of ideas is often a point of lawsuits in music and between lyricists, because humans retain notes and runs of music they hear--a second artist might not clearly recognize they stole another artist's song idea.

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7y ago

ideas, inventions, or processes derived from the mind or intellect

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12y ago

the ideas, inventions, or processes that come from one's mind or intellect.

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14y ago

Intellectual property is defined as ideas, inventions, or processes that come from your mind or intellect.

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13y ago

Copyright is a form of intellectual property, intended "to promote the advancement of science and the useful arts."

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Q: Define Intellectual Property
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