Intellectual Property usually gives the creator an exclusive right over the use of his/her creation for a certain period of time.
Intellectual Property rights are the rights given to persons over the creations of their minds.
Intellectual Property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs and symbols, names and images used in commerce
Intellectual Property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property and some countries recognize more than others.
Intellectual Property rights are customarily divided as (i) Copyright and rights related to copyright, (2) Industrial Property.
A functioning intellectual property regime should also facilitate the transfer of technology in the form of foreign direct investment, joint ventures and licensing.