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Intellectual property laws give the creator or other rightsholder of the protected IP certain exclusive rights, which vary slightly based on the type of IP.

Copyright law, for example, automatically gives the creator of a work of sufficient originality the exclusive right to copy, alter, distribute, or perform/display the work, or authorize others to do so, for a limited time. Trademark law gives the owner of a mark (a slogan, logo, business name, etc.) the exclusive right to use it in trade, or license it to others; trademarks can be protected in perpetuity. Patent law gives the recipient of the patent the exclusive right to make, use, import, or sell the invention, or license it to others, for up to 20 years.

Other forms of IP include trade secrets and plant hybrids.

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