Intellectual Property


How do you define Intellectual Property?



"Intellectual property refers to creations of the mind: interventions, literary and artistic works, and symbols, names, images, and designs used in commerce.  Intellectual property is divided into two categories: Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes 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." (World Intellectual Property Organizations)

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"In law, intellectual property (IP) is an umbrella term for various legal entitlements which attach to certain names, written and recorded media, and inventions.  The holders of these legal entitlements are generally entitled to exercise various exclusive rights in relation to the subject matter of the IP.  The term intellectual property reflects the idea that this subject matter is the product of the mind or the intellect, though the term is a matter of some controversy." (Wikipedia)

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"A product of the intellect that has commercial value, including copyrighted property such as literary or artistic works, and ideational property, such as patents, appellations or origin, business methods, and industrial processes." (The American Heritage Dictionary)

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"Property that can be protected under federal law, including copyrightable works, ideas, discoveries, and inventions.  Such property would include novels, sound recordings, a new type of mousetrap, or a cure for a disease." ('Lectric Law)

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