Intellectual property refers to products of the human intellect that have commercial value and that receive legal protection. Typically, intellectual property encompasses inventions, creative works, products, processes, imagery, and services and is protected by patent, copyright, trademark, or trade secret law.
The commercial value of intellectual property, such as patents, comes from the ability of its owner to control and exploit its use. If the owner could not legally require payment in exchange for use, ownership of the intellectual property would have little if any commercial value. Intellectual property laws, along with court decisions and regulations, establish rules for the following activities:
At this website we focus on intellectual property, and in particular how it relates to patents and business.