Intellectual Property

Intellectual Property

 Intellectual property (IP) refers to creations of the mind, such as inventions; new designs, literary and artistic works; and symbols, names and images used in commerce or trademarks.

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition and financial benefit from what they invent or create with their minds. It is aimed at creating a balance between the interests of innovators and the wider public, the IP system aims to foster an environment in which creativity and innovation can flourish.

For further reading on what intellectual property is visit:

http://www.wipo.int/edocs/pubdocs/en/intproperty/450/wipo_pub_450.pdf