Intellectual Property Basics

What is Intellectual Property?

Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. Protecting intellectual property is crucial for fostering innovation and creativity.

Types of Intellectual Property

  1. Patents: Protect inventions and processes.
  2. Copyrights: Protect original works of authorship.
  3. Trademarks: Protect brand names and logos.

Understanding the different types of IP and how to protect them is essential for individuals and businesses alike.