Rank: Advanced Member
Joined: 3/7/2009 Posts: 33,212 Neurons: 98,814 Location: Inside Farlex computers
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Intellectual PropertyIntellectual property is an umbrella term for the various legal entitlements associated with certain names, literary works, recorded media, and inventions. The holders of such entitlements may exercise various exclusive rights in relation to the use of their intellectual property. The concept is controversial because it implies that intellectual works—so-called products of the mind—are analogous to physical property. What is the difference between a copyright, a trademark, and a patent? More...
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 Rank: Advanced Member
Joined: 3/27/2014 Posts: 2,500 Neurons: 2,138,500 Location: Tbilisi, T'bilisi, Georgia
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Without the intellectual property rights, people will have no incentive to create pieces of art.
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