Intellectual property (IP) is a list of various types of legal monopolies over creations of the idea, both artistic and commercial, and the corresponding fields of law. Under intellectual property law, proprietors have exclusive rights to some intangible assets like musical, literary, and artistic works; ideas, breakthroughs, and inventions; and words. phrases, symbols, and designs. There are four main types of intellectual property – copyrights, patents, trademarks and trade secrets. Copyrights protect original creations, either published or unpublished. They provide legal protection for original creative works like novels, films, music, and so on. By using them, the owner is able to legally protect the expression of an idea for a certain period, during which only he or she has the right to reproduce it, allow its adaptation, exhibit it to people, or sell it. In most countries, a copyright survives for fifty years even after the author’s death and any unauthorized use within this time span is liable to prosecution. So discover more of Intellectual Property. What Is Intellectual Property


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