Definition of IP
Intellectual Property (IP) refers to exclusive rights associated to creations of the mind. Under IP law, intangible assets such as inventions, literary and artistic work, designs, and phrases, symbols and images can be protected. This protection can be obtained thanks to different kinds of IP rights (for more information go to section Which kind of IP rights?) like patents, trademark, designs, copyright, and enables their owner to earn recognition or financial benefit from their creation or invention.