Intellectual property is any product of human intellect that is intangible but has value in the marketplace. It is a term referring to a number of distinct types of creation of the mind for which property rights are recognized and the corresponding fields of law. It can be protected through tools such as patents, trademarks, copyrights, and trade secrets, As a rule, a mere idea or concept does not qualify for intellectual property protection; that protection comes later when the idea is translated into a more tangible form. Read more:
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