Intellectual property (IP) is a legal term that refers to creations of the mind, such as music, literature, and other artistic works; discoveries and inventions; and words, phrases, symbols, and designs. The owners of intellectual property have been granted rights by law, or they may obtain protection under the law through registration and the payment of a fee (see Intellectual property rights).
Etymology edit
Many of the legal principles governing IP have evolved over centuries, but it was not until the 19th century that the term "intellectual property" began to be used, and not until the late 20th century that it became commonplace in the majority of the world.[1]
Types edit
Intellectual property rights edit
Organizations edit
WIPO edit
See also edit
References edit
- ^ "property as a common descriptor of the field probably traces to the foundation of the World Intellectual Property Organization (WIPO) by the United Nations." in Mark A. Lemley, Property, Intellectual Property, and Free Riding, Texas Law Review, 2005, Vol. 83:1031, page 1033, footnote 4.