What is Intellectual Property?

Intellectual property (IP) is property that includes intangible creations of the human intellect, and primarily encompasses copyrights, patents, and trademarks.

It also includes other types of rights, such as trade secrets, publicity rights, moral rights, and rights against unfair competition. Artistic works like music and literature, as well as some discoveries, inventions, words, phrases, symbols, and designs, can all be protected as intellectual property.

It was not until the 19th century that the term “intellectual property” began to be used, and not until the late 20th century that it became commonplace in the majority of the world.