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Intellectual property laws allow the monetization of creative works, trademarks, and patents, which in turn allows trade in these otherwise esoteric goods. Without such laws, value could not be ascribed, and an economy could not be built on them.

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Q: What is the relationship of intellectual property to an intellectual economy?
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Why do you think are efforts protect intellectual property?

In an increasingly knowledge-based economy, people are increasingly aware of the value of intellectual property.


What is the foreground intellectual property?

"Foreground intellectual property" is commonly the new intellectual property which is developed arising out of a relationship between two companies collaborating together. Contrasted with "Background Intellectual Property" which would be the intellectual property developed independently by each individual company prior to entering into the collaboration relationship. If two companies are collaborating together, they both may contribute background intellectual property from previous work they have done (and which they will normally own themselves but licence to the other for the purposes of developing the new product) - together the new product they develop which arises out of the collaboration and the background IP will form foreground intellectual property.


What is the difference between intellectual property rights and intellectual property law?

Intellectual property law defines intellectual property rights.


Intellectual Property Attorney?

Intellectual Property Attorney


How important is intellectual property to the world economy?

intellectual property right in summary,is a very important regulations which enable the inventors of new innovations or aunthors of different materials to enjoy the fruit of their own sweat in coming up with the innovations,


Is it true that protecting intellectual property rights can result in new inventions that help the economy to grow?

Yes, it's true.


Deference between Intellectual property and intellectual property right?

Intellectual property rights is the legal right to property owned by a content creator, and often protected through the use of a trademark or copyright. This content is the creator's intellectual property.


What has the author Russell L Parr written?

Russell L. Parr has written: 'Valuation of Intellectual Property and Intangible Assets, 2001 Supplement (Intellectual Property-General, Law, Accounting & Finance, Management, Licensing, Special Topics)' 'Valuation of Intellectual Property and Intangible Assets' 'Valuation of Intellectual Property and Intangible Assets, 1997 Cumulative Supplement' 'Intellectual Property' 'Intellectual Property Infringement Damages (Intellectual Property S.)'


When was Intellectual Property - film - created?

Intellectual Property - film - was created in 2006.


When was Managing Intellectual Property created?

Managing Intellectual Property was created in 1990.


When was Intellectual Property Watch created?

Intellectual Property Watch was created in 2004.


Why intellectual property intangible?

Intellectual property refers to ideas, which have no physical form.