what is intellectual property
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- Intellectual property refers tocreations of the mind: inventions;literary and artistic works; andsymbols, names and images usedin commerce. Intellectual propertyis divided into two categories:
- so where do we begin.
- Intellectual property rights rewardcreativity and human endeavor,which fuel the progress ofhumankind.
- A patent is an exclusive rightgranted for an invention –a product or process that providesa new way of doing something,or that offers a new technicalsolution to a problem.
- Copyright covers literaryworks (such as novels,poems and plays), films,music, artistic works(e.g., drawings, paintings,photographs and sculptures)and architectural design.
- A trademark is a distinctive signthat identifies certain goods orservices produced or provided byan individual or a company.
- Patents provide incentives toindividuals by recognizing theircreativity and offering the possibilityof material reward for theirmarketable inventions. Theseincentives encourage innovation,which in turn enhances the qualityof human life.
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