Intellectual Property

Intellectual Property (IP) refers to creations of the mind, including inventions, literary and artistic works, designs, symbols, names, images, and trade secrets that are used in commerce. IP is protected by law through patents, copyrights, trademarks, and trade secrets, enabling creators or owners to control and benefit from their innovations and creations. The protection of intellectual property encourages innovation and creativity by allowing individuals and companies to secure their investments in time, effort, and resources. It also ensures that creators receive recognition and financial benefits from their work, promoting a fair and competitive marketplace.