nancyp - 7 August 2012 - 9:06am
Intellectual property (IP) refers to the creations of the mind, such as inventions, literary and artistic works, as well as symbols, names, pictures, designs and models used in business. Patents, trade-marks, copyrights, industrial designs, integrated circuit topographies and plant breeders’ rights are referred to as “IPrights.” Just as rights are acquired when abuilding or land is purchased, IP rights are "property” in the sense that they are based on the legal right to exclude others from using the property. Ownership of the right scan also be transferred.
