Biology Assignment Help With Intellectual Property Rights

Intellectual property (IP) is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law. Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property include copyrights, trademarks, patents, industrial design rights and trade secrets in some jurisdictions.

1. Intellectual property- Intellectual property is an idea, a design, an invention, a manuscript, etc., which can be ultimately give rise to a useful product/application. The development of such a property, as a rule, requires intellectual inputs, ingenuity and innovativeness; it also demands considerable monetary and other resources.

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