What is Intellectual property?
It is a category of property that includes intangible creations of the human intellect. Intellectual property includes two types of rights: industrial property rights (trademarks, patents, designations of origin, industrial designs and designs) and copyrights.
Purpose of Intellectual property?
Main purpose is to promote the creation of many intellectual goods. Law gives people and businesses property rights to information and intellectual products - usually for a limited time. It provides an economic incentive for their creation, as it allows people to benefit from the information and intellectual property they generate. It is expected that these economic incentives will stimulate innovation and promote technological progress in countries, which depends on the level of protection granted to innovators.
Industrial property
Industrial property is one of two subgroups of intellectual property, it has various forms, including patents for inventions, industrial designs, trademarks, service marks, the layout of the integrated circuit, trade name and designation, Geographical indications and unfair competition models. In some cases, the aspects of intellectual creation, although present, are less clearly defined.