Intellectual Property are creations of the mind. Things like new inventions, artworks, and symbols are examples of Intellectual Property. There are two categories for Intellectual Properties.
- Industrial Properties which includes patents for inventions, trademarks, and etc.
- And Copyright which covers any kind of literary, film, artistic word, and architectural designs.
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What are Copyrights, Patents, and Trademarks?
Copy Rights are laws granted authors, artists, and any type of creator for their Literary or Artist creations. Their important because they give the creator the exclusive rights to their creation.
Trademarks are distinctive signs that identify certain goods or services produced by and individual or company. Trademarks ensures the exclusive rights to owners of marks to identify or authorize others to use their product or service in exchange for payment
Patents are exclusive rights to granted for an invention, product, or process that provides a new ay of doing something. Patents are important because they provide limited protection to your invention.