What is intellectual property?
Intellectual property, very broadly, means the legal rights which result from intellectual activity in the industrial, scientific, literary and artistic fields.
Intellectual property rights confer an exclusive right to the inventor or creator or his assignee to fully utilize his invention or creation, in order to enable them to reap commercial benefits from their creative efforts or reputation.
Intellectual property rights is protect in law by the several types of intellectual property protection like patent, copyright, trademark.
Intellectual property rights is divided into two categories:
- Literary and artistic property includes : Copyright and related rights (or neighboring rights)
- Industrial Property includes: Patent, trademarks, industrial designs, geographical indications…