Intellectual property refers to unique and unobvious
products of the human mind such as ideas, inventions, writings,
speeches, names, industrial processes and the like. U.S. laws
define four types of intellectual property: patents, trademarks,
copyrights, and trade secrets. Intellectual property is like
any other kind of property in that it can be bought or sold,
and like any other type of property, the owner has the right
to control how it’s used. The main difference between
intellectual property and “real” property is that
it is intangible. In order to be protected, it must be expressed
in some tangible form.
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