IP represents the property of your mind or intellect. Types of intellectual property include patents, trademarks, designs, confidential information/trade secrets, copyright, and so on.
Ideas put into actions, such as writing, music, art, computer code, and inventions, that can be protected under copyright or patent laws. (Eth, Gr. 7)
Certain intangible assets such as, patents, trademarks, and copyrights.
The ownership of ideas and control over the tangible or representation of those ideas. Use of another person's intellectual property may or may not involve royalty payments or permission, but should always include proper credit to the source.
Potentially legally protectable knowledge, technology, ideas, and information often resulting from performance of sponsored activity.
Intangible items protected by patents, trademarks and copyrights, such as creative works and inventions. There are international organizations that deal solely with intellectual property, and increased protection of intellectual property, and increased protection of intellectual properly rights is an issue of discussion in GATT, WTO and other talks.
Property that enjoys legal protection and stems from the exercise of the mind. Includes patents, trademarks, copyright, design protection and some minor rights.
Intellectual Property rights include patent rights, plant variety protection certificates, unpublished patent applications and inventions that may or may not be legally protectable.
Patents, copyrights and trademarks.... more on: Intellectual property
the tangible expression of an original idea, invention, work of art, literature, music, etc. and the ownership rights associated with that expression. IP must possess commercial value to receive legal property rights. The rights enable the owner to protect it from unauthorized use.
original creative work manifested in a tangible form that can be legally protected, for example by a patent, trademark, or copyright
An intangible asset, considered to have value in a market, based on unique or original human knowledge and intellect. Intellectual property may or may not be associated with a patent or copyright.
gives a legal right to the creators of the expressed form of an idea, or to some other intangible subject matter, such as a software or a piece of music, which sometimes enables the rightholder to exercise exclusive control over the use of the IP. Intellectual property includes copyright, patents and trademarks.
Products of the mind, such as inventions, works of art, music, writing, film, etc.
Intellectual property covers two main areas: industrial property, covering inventions, trade marks, industrial designs, and protected designations of origin; copyright, represented by literary, musical, artistic, photographic, and audio-visual works.(FR:Propriété intellectuelle, DE:Geistiges Eigentum, ES:Propiedad industrial e intelectual, IT:Proprietà Intellettuale)
Intellectual Property is a body of law developed to protect creative people who have disclosed their work for the benefit of humankind from having it copied or imitated without their consent. [See FAQ: Intellectual Property
Patents, copyrights and trademarks. The laws that govern materials offline apply to the online world as well. However, enforcing these laws continue to be a work-in-progress.
Content of the human intellect deemed to be unique and original and to have marketplace value—and thus to warrant protection under the law. Intellectual property includes but is not limited to ideas; inventions; literary works; chemical, business, or computer processes; and company or product names and logos. Intellectual property protections fall into four categories: copyright (for literary works, art, and music), trademarks (for company and product names and logos), patents (for inventions and processes), and trade secrets (for recipes, code, and processes). Concern over defining and protecting intellectual property in cyberspace has brought this area of the law under intense scrutiny.
Intellectual property (or IP) is a way in which people can own their creativity and innovation in the same way that they can own physical assets. The 4 main types of IP are patents, copyright, design and trademarks.
Legal term used to describe the patents, licences, copyrights, trademarks and designs owned by a company (see Section III above).
The general term for intangible property rights which are a result of intellectual effort. Patents, trademarks, designs and copyright are the main intellectual property rights.
Patents, copyrights, trademarks, trade secrets and... Add a comment
information resulting from creative thinking that is owned by a person or business (pp. 98, 201)
the protection of new ideas through patents, copyrights, industrial designs, and trademarks. Page 264
A company's intangible assets like patents, software, brand names etc. Intellectual property has become increasingly important compared with the old days when the assets of a prosperous business consisted entirely of bricks and mortar and metal property, plant and machinery. Companies can protect their ownership rights over intellectual property but cannot assert ownership of all that goes on in the heads of staff. This can lead to disputes when key employees leave to start their own enterprise.
Is the most formally recognized and traditional form of Intellectual Assets and includes trademarks, design rights, patents, copyright, and confidential information.
A broad gamut of intangible assets including patents, trademarks, copyrights, mask works, tradeworks, trade dress, goodwill, reputation and any other information regarding technology and business subjects.
The ideas and thoughts of a person can be owned and copyrighted.
Protected rights in invention and creative work
(IP) Patents, copyrights, and trademarks.
Property which is protected under federal law, including trade secrets, confidential or proprietary information, copyrightable or creative works, ideas, patents or inventions.
includes any discovery or other material whether capable of protection by way of patents, trademarks, copyright, circuit layouts, plant varieties, trade practices, and design legislation or not. IP also includes, where relevant, goodwill, know-how and confidential information
Intellectual property represents the property of your mind or intellect. Types of intellectual property include patents, trade marks, designs, confidential information/trade secrets, copyright, circuit layout rights, plant breeder's rights etc.
the original inventions and proprietary knowledge of a company or an individual
Rights in products of the mind or intellect (intangibles) as defined by law. name, date, type, number concept, description, formulae, process, value patents, copyrights, trademarks, trade secret
Property arising from creativity or original knowledge. Often made official by a patent.
IP generally refers to material or immaterial results of research and development work. A well-known example of IP is the patent. In the microelectronics industry IP or Semiconductor IP usually refers to design and fabrication data, i.e. circuit design information and mask layout data. As with patents the commercial use of IP is reserved to the IP owner and licensors. See also: IP-provider, Semiconductor Intellectual Property, mask data
Intellectual property is generally some sort of information or data that is given the same consideration as goods and services in terms of legal protection against infringement and copyrights.
The right of individual (organization) to receive royalties for copyrighted or patented original work.
a person's ideas, thoughts, inventions and writings
A collective term used to refer to new ideas, inventions, designs, writings, films, and so on, protected by copyright, patents and trademarks.
Patents, copyrights, trademarks, trade secrets and similar rights in ideas, concepts, etc.
legal rights to things people create such as unique ideas, names, symbols designs, processes, and products
intangible property that is the result of creativity (such as patents or trademarks or copyrights)
The ownership of ideas and control over the tangible or virtual representation of those ideas. Typical examples are trademarks and service marks.
is ownership of the products of human creative endeavour
A legal term referring to ownership of ideas and applications, including for example trademarks, patents, and copyrights. J-L
A product of the intellect that has commercial value, including patented, trademarked or copyrighted work.
Any original, creative work which may be protected by Federal copyright, patent, or trademark law for the owner's exclusive economic gain. Trade secrets are another form of intellectual property legislated by the state governments. Use the "Back" button at the top of your screen to return to the previous screen.
products of the mind, ideas (e.g., books, music, computer software, designs, technological know-how) that can be protected by patents, copyright, and trademarks.
A term that refers to the content of the human intellect, or the result of intellectual effort, which is considered to be unique and original and have value in the marketplace, and therefore requires legal protection and ownership. This includes copyrighted material such as literary or artistic works, industrial processes, and trademarks and patents.
An organization’s intellectual assets that are protected by law.
property in the form of patents, trademarks, service marks, trade names, trade secrets, and copyrights.
Intellectual Property (IP) is all of a company's patents, trademarks, service marks, trade names, trade secrets, and copyrights. It is distinguished from capital property.
Intellectual property refers to creations — including inventions, artistic works, names and designs — that are legally protected. Intellectual property includes patents, copyrights, trademarks and trade secrets.
It is dishonest to use someone else's work without properly giving credit. Those ideas, research results, opinions, and, the actual wording the original author uses are, from a legal standpoint, the intellectual property of the author. "Stealing" that property is a violation of the copyright law. See: Citing Your Research.
Very broadly means the legal rights that result from intellectual activity in the industrial, scientific, literary and artistic fields. Countries have laws to protect intellectual property, for two main reasons: to give statutory expression to the moral and economic rights of creators in their creations and the rights of the public in access to those creations; and to promote, as a deliberate act of government policy, creativity and the dissemination and application of its results, and encourage the fair trading that contributes to economic and social development. Intellectual property is traditionally divided into two branches: industrial property and copyright. Industrial property includes inventions (patents), trademarks, industrial designs and geographic indications of source and copyright includes literary and artistic works. Source: WIPO Intellectual Property Handbook: Policy, Law and Use.
Property that can be protected under law, including copyrightable works, ideas, discoveries and inventions.
The collective name given to right of copyright, patents, trade marks, moral rights, and industrial designs resulting from creativity and invention. See also Copyright, Patent, and Trade Mark Close
Refers to materials protected by copyright laws. These materials include songs, movies, and books.
an all-embracing term covering copyright, patents and trademarks. The term describes those rights that protect the product of a person's or corporation's work by hand or brain against unauthorised use or exploitation by others. (p. 245)
A product of the intellect that has commercial value, including copyrighted property such as literary or artistic works, and ideational property, such as patents, appellations of origin, business methods, and industrial processes.
Intellectual property includes intangible materials that are legally recognized as proprietary to an organization. Examples of Intellectual Property include patents, trademarks, databases, mailing lists and trade secrets.
Explicit intellectual assets (or knowledge assets) that are protected by law. Includes things like patents, trademarks, copyrights, licences etc.
The creative ideas that have gone into developing a product that could be sold to others.
Intangible property that is the result of creativity; the most common forms of intellectual property include patents, copyrights, trademarks, and trade secrets.
Any writing or discovery that is a new and useful process, machine, composition of matter, life form, article of manufacture, software, trademark, trade secret, copyrighted work or tangible research property.
A global term for the capitalisation of creative thought processes. It covers a wide range of human activity from patents for inventions, trade marks for brand identities, passing off laws, trade secrets protection, conditional access and data rights management systems, design rights, copyrights and performers rights to plant breeders' rights.
A type of property that is protected by copyright or patent laws. Intellectual property is the product of intellectual processes, such as scholarship or creative work.
Creative ideas and expressions of the human mind receive legal protection in the form of a property right when the ideas result for example in an invention, a product, a work of Art etc. Patents, trade marks, designs and copyright are the main intellectual property rights. Intellectual property is divided into two categories: Industrial property, which includes patents, trade marks, industrial designs; and Copyright, which includes literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs
As defined by Article 2, section (viii), of the Convention Establishing the World Intellectual Property Organization, done at Stockholm, July 14, 1967, "intellectual property" shall include the rights relating to: literary, artistic and scientific works, performances of performing artists, phonograms, and broadcasts, inventions in all fields of human endeavor, scientific discoveries, industrial designs, trademarks, service marks, and commercial names and designations, protection against unfair competition, and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields.
What can be legally owned as the product of intellectual activity in the industrial, scientific, literary, artistic, musical and dramatic fields.
Industrial Property and Copyrighted Material, written materials, musical compositions and trademarks that are protected by law.
Rights to certain information owned by a company or the company's name, symbols registered to the company, or other intangibles. Examples include copyright, trademark, patents, etc.
is intangible property that is the result of creativity. Intellectual property can be protected legally through devices such as patents and copyrights. knowledge economy is based on the production, distribution and use of knowledge as the main driver of growth, wealth creation and employment across all industries. It does not rely solely on a few high technology industries for growth and wealth production, but also on the application of knowledge in traditional industries such as mining and agriculture.
Patents, copyrights, trademarks, integrated circuit designs, industrial designs & business methods [US only]. IP is now considered a business asset, and is often crucial in assessing the true value of a company.
An intangible form of personal property. Copyrights, patents, and trademarks are examples of intellectual property. Intellectual property rights enable owners to select who may access and use their property, to protect it from unauthorised use and to recover income.
Valuable intangible assets. The different types of intellectual property include copyright, patents, designs and trademarks.For example new designs, works of art or other original creations, innovative business processes or business branding. RELATED Patent (Glossary) Copyright (Glossary) Trademark (Glossary)
Current term for information that an individual, group, or company claims legally to own. International copyright laws and agreements governing intellectual property, mostly designed before the advent of electronic publication, are the subject of much debate.
Material or communicable result in forms of discoveries, inventions, designs and literary and art works of scientific, humanistic, literary, and artistic endeavor. It includes, but is not limited to, works in the form of scientific discoveries and inventions, designs, patents, trademarks, books, monographs, papers, paintings, drawings and sculpture, performances, computer software, and lecture and conference presentations.
Intellectual property includes any creative idea that is expressed in tangible form. "Intellectual property" is a generic expression referring to ideas or the expression of ideas that may be protected by patents, trademarks, copyrights, trade secrets or trade dress. An intellectual property is any product of the human intellect that is unique, novel, and non-obvious (and has some value in the marketplace) including; an idea, invention, an expression or literary creation, unique name, business method, industrial process, chemical formula, computer program process, or presentation.
Includes inventions; computer software and databases; literary, artistic, dramatic or musical works, books and papers; educational materials; industrial designs; trademarks; integrated circuit topographies; and new plant varieties.
Intellectual property is property generated through intellectual or creative activity. Types of intellectual property include patents, trade marks, designs, confidential information/trade secrets, copyright, circuit layout rights and plant breeder’s rights.
Refers to a legal entitlement to the expressed form of an idea or to some other intangible subject matter, which include copyrights, patents, trademarks and trade secrets.
Intangible property that is the product of creative use of the mind in developing ideas and concepts. In Risk Management, the most contemporary exposures are various kinds of computer software programs; Trade secrets, proprietary information, copyrights, trademarks and other forms of expression are also intellectual property.
Intellectual property can be either an invention or an expressed idea that can be bought, sold, bailed or licensed. This "property" can be protected by patents, copyrights, trade secrets and trademarks. These protections are used to prevent others from the unauthorized manufacture, copying use or sale of the property in tangible form. Inventions are novel and unobvious, and can be protected by patents when practiced. Expressed ideas consist of literature, music, art, software, etc. When these ideas are expressed in a tangible medium, they can be protected by copyright.
intangible results of invention or creativity, (e.g., a song, book, or speech) that may be patented or copyrighted by the author or artist.
This is a big term and covers lots of things. It can refer to books, music, movies, videos, etc. that may be available on the Internet. It is illegal to freely distribute intellectual property without permission of the copyright holder.
(IP) is the product of creative ideas, expressed in works.
As the words indicate, Intellectual Property legislation seeks to make property out of the creativity of the human mind; IP refers to a legal entitlement attached to an expressed form of an idea, thought, or creative act. These legal entitlements (see copyright) enable entitlement holders to exercise exclusive control over the use of the IP. Such entitlements are treated as equivalent to physical property and may be enforced as such through law.
Property produced by effort of the mind, as distinct from real or personal property. Intellectual property may or may not enjoy the benefit of legal protection.
Intellectual Property can be defined as Creative ideas and expressions of the human mind that have commercial value and receive the legal protection of a property right. The major legal mechanisms for protecting intellectual property rights are copyrights, patents, and trademarks. Intellectual property rights enable owners to select who may access and use their property and to protect it from unauthorized use.
All ideas and creations resulting from research and development or other intellectual pursuits can be referred to as intellectual property. Notable examples include innovative manufacturing methods, business models, trademarks, designs and computer programs. Data acquired through scientific experiment, and even laboratory animals used in R&D, can sometimes be categorized as intellectual property. Laws aimed at protecting intellectual property rights include those defending patents, protecting copyright, banning unfair competition and barring illegal access to computer data. Activities covered by these laws are regulated by different government ministries and agencies. Some critics claim that Japanese law does not offer sufficient protection of intellectual property, meting out lighter penalties than in the U.S. The ruling Liberal Democratic Party plans to study legislation aimed at providing greater protection for intellectual property.
legally protected property such as copyright, patents, and registered designs, as well as ideas and information of commercial value which an organisation has developed
Any product of the human intellect that is a unique, novel and unobvious result of creativity.
Legal rights which make an invention a form of protectable and transactable property. Includes copyright, design right, registered design, trade mark, patent, know-how (see other definitions).
An idea, invention, formula, literary work, presentation, or other knowledge asset owned by an organization or individual. Intellectual property can be protected by patents, trademarks, service marks, and/or copyrights.
Intangible property rights resulting from intellectual effort, including patents, designs, copyright.
Ownership, as evidenced by patents, trademarks, and copyrights, conferring the right to possess, use, or dispose of products created by human ingenuity.
intangible property that is the result of creativity, e.g. patents or copyrights.
An original piece of work that can be copyrighted or trademarked to confirm ownership.
laws that protect the property rights in creative and inventive endeavours including art, literature, music, films, sound recording, broadcasts and computer programs.
reflects the idea that this subject matter is the product of the mind or the intellect, and that IP rights may be protected at law in the same way as any other form of property. Wikipedia http://en.wikipedia.org/wiki/Intellectual_property
Creations of the mind, such as inventions, literary and artistic works, symbols, names, images, and designs used in commerce; examples of ways such property is protected are patents, trademarks, and copyright. (See Organised crime: Cybercrime)
A collective term used to refer to new ideas, inventions, designs, writings, films, etc., protected by copyright, patents, trademarks, etc. (PropriÉtÉ intellectuelle)
a broad term that includes inventions, discoveries, know-how, processes, methods, materials, copyrightable works, original data, and other creative or artistic works (which may have value). Intellectual property includes that which is protectable by statute or legislation, such as patents, copyrights, trademarks, service marks, trade secrets, mask works, and plant varieties. It also includes the physical embodiments of intellectual effort, for example, models, machines, devices, designs, apparatus, instrumentation, circuits, computer programs and visualizations, biological materials, chemicals, other compositions of matter, plants, and records of research. At SIUC, intellectual property most frequently refers to patentable inventions and copyrightable works created by faculty and staff in the course of their research or scholarly activities.
Intellectual Property are things that you "own" that are intangible. For example, you may own a Copyright, which is intangible - but you can still be said to "own" it. Other IP items may be patents, trademarks, trade secrets or designs.
From a legal standpoint, a person's ideas, research results, opinions, and publications belong to them. To use that property without giving credit is dishonest and, from a legal standpoint, a violation of the copyright law.
any product of the human intellect that is unique, novel and unobvious, and has some value in the marketplace. It includes ideas, inventions, business methods and manufacturing processes.
Intellectual property encompasses all things created by any given individual or corporation that may have a commercial value. Some examples of intellectual property include; musical, artistic and literary works, trademarks, trade-secrets and inventions that qualify for a patent.
intangible assets such as patents, trade secrets, trade names, etc.
Creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. Intellectual property is divided into two categories: Industrial property and Copyright Integrated management - The understanding and effective direction of every aspect of an organisation so that the needs and expectations of all stakeholders are equitably satisfied by the best use of all resources. Integrated management system - A management system in which all the processes serve the system objectives and where these system objectives have been derived from stakeholder needs and expectations.
a term often used to refer generically to property rights created through intellectual and/or discovery efforts of a creator that are generally protectable under patent, trademark, copyright, trade secret, trade dress or other law.
this is the term used to describe a number of different areas of property, including copyrights, patents and trademarks, all of which are capable of being owned but which do not necessarily exist in a tangible form.
Inventions, discoveries, innovations, and literary and artistic works that may be patented, copyrighted, trademarked or licensed for commercial purposes
A form of creative endeavor that can be protected through a copyright, trade-mark, patent, industrial design or integrated circuit topography. Back to the Top
The legal claim to things people create or invent. Intellectual property, or IP, typically includes patents, copyrights, trademarks and trade secrets.
Right or non-physical resource that is presumed to represent an advantage to the firm's position in the marketplace, including patents, trademarks, copyrights and licenses.
A form of creative endeavour that can be protected through a trademark, patent, copyright, industrial design or integrated circuit topography.
The concept of legal protection for original creations. It encompasses copyright, trademarks, and patents.
Legal rights to the products of the mind, such as writings, musical compositions, formulas and designs.
The legally protected form of an intellectual asset in the form of a patent, copyright, trade secret or trademark.
A term used to define an invention, trade mark, original design or practical application of an idea. According to IP Australia – Intellectual Property (IP) represents the product of your mind or intellect.
a.k.a. IP Intellectual Property. Refers to property rights created through intellectual and/or discovery efforts of a creator that can generally be protected under patent, trademark, copyright, trade secret, trade dress or other law. Also commonly used as an abbreviation for Internet Protocol.
the physical expression of ideas contained in books, music, plays, movies, and computer software.
A collective term used to refer to new ideas, inventions, designs, writings, films and others; protected by copyright, patents, trade-marks, etc.
Tangible products of the human mind and therefore of legal status as personal property eligible to be protected by copyright.
rights of ownership acquired originally or derivatively from intellectual creations. For example: copyrights, trademarks and patents.
includes inventions, patents, copyrights, trade secrets, trademarks, technical data, know-how (e. g., engineering, Technical Documentation, Technical Information and technical assistance and services) and industrial designs.
Creations of the mind or spirit. Types of intellectual property include literature, trademarks, patents, and manufacturing processes, among others.
the legal rights associated with inventions, artistic expressions and other products of the imagination (e.g. patent, copyright and trade-mark law.)
A collective term used to refer to inventions, designs and creative works protected by patents, trademarks, industrial designs and copyrights.
is the group of legal rights in things people create or invent. Intellectual property rights typically include patent, copyright, trademark and trade secret rights.
A category of public law that includes copyrights, patents and trademarks.
The protected ownership of rights in ideas or the expression of ideas, specifically trademarks, service marks, copy rights, and patents.
Intellectual property (IP) is an intangible thing (you cannot touch it or hold it in your hand) that you can own, similar to the way that you can own tangible things like a car or a plot of land. It can be something that you have written, drawn, designed, invented, or spoken, and it can be something that you have created yourself or paid someone to create for you. Like tangible property, you can buy, sell, exchange or give away intellectual property, and you can control its use by others. However, in order for your intangible thing to qualify as intellectual property so you can gain these rights, you have to be able to distinguish it from similar things. The concept of intellectual property is intended to protect innovations and allow people to make money by selling their ideas. Usually the expression ‘intellectual property’ is used as a legal term to indicate four distinct types of protection given to intangible property: patents, trademarks, copyrights, and trade secrets.
Property rights granted in relation to the product of original creative endeavour, such as patents, copyright, designs and trade secrets.
a product, process, or other idea that someone creates based upon his or her thoughts or ideas
A venture's intangible assets, such as patents, copyrights, trademarks, and brand name.
(IP): a term that covers a range of legal rights for the protection of creative effort, particularly the protection of economic investment in that creative effort.
An intangible form of personal property. Patents, copyrights, trademarks, service marks, trade names and trade secrets are examples of intellectual property.
The product of a person’s thinking; may be protected by intellectual property laws
Intellectual capital over which a firm has a legally protected ownership-such as patents, trademarks, copyrights, registered designs, and trade secrets. Intellectual property can be bought and sold (Hall).
Intellectual Property is the term given to various forms of protection against infringement by unlawful copying, reproduction or other forms of "theft" of intangible aspects of a product, service or business. Creativity may be protected by patents, appearance by designs and copyright, and reputation by trade or service marks.
describes the protection of products of the imagination or intellect generally includes matters such as copyright, patents, designs, registered trademarks and passing off.
This term covers a number of different legal rights that are awarded by states to persons in return for some valuable "creative" activity. Two well known examples of intellectual property are patents, which may be awarded to protect inventions, and copyright. A patent allows its owner to stop anybody else from making use of their invention, unless given permission (in return for a payment for example). Intellectual property rights only last for a limited period of time, for example, 20 years for patents, 70 years for copyright. See patent protection.
(IP) - Any base of knowledge that was developed for a particular company or entity. Usually, if you work for a technical company you have to sign some sort of agreement that states that any work you do or ideas you have while on company time are that company's intellectual property. As you can imagine, the possession and retention of intellectual property is a lawsuit-laden endeavor. For example, the intellectual property of a software company is not only its software, but also the ideas behind the software, and the methods used to program the software, and just about anything you can imagine about the software.
Ownership of the legal rights to possess, use, or dispose of products created by human ingenuity, including patents, trademarks and copyrights.
Work created by inventors, authors, and artists. 11.36
Non-tangible property that is the result of creativity such as copyrights and patents.
They are assets such as: copyrights, trademarks, and patents.
A piece of work or perhaps an invention that is the result of creativity, such as a book or a design, to which one has rights of ownership and for which one may apply for a patent, copyright or trademark. Website designs, photography and coding may be subject to intellectual property rights.
Is the ownership of the patents, trademarks, copyrights, trade secrets, etc. demonstrates ownership rights to invention, products, services, or technologies.
A broad category of intangible materials that are legally recognized as proprietary to an organization. In the computer field, software and text is copyrighted, certain algorithms used within the software may be patentable and brand names can be trademarked. Customer databases, mailing lists, trade secrets and other business information are also included.
In law, intellectual property (IP) is an umbrella term for various legal entitlements which attach to certain types of information, ideas, or other intangibles in their expressed form. The holder of this legal entitlement is generally entitled to exercise various exclusive rights in relation to the subject matter of the IP. The term intellectual property reflects the idea that this subject matter is the product of the mind or the intellect, and that IP rights may be protected at law in the same way as any other form of property.