what is covered by the term intellectual property?
1. copyrighted material, plus intangible things like ideas, music, the written word, or pictures
2. anything that is owned and can be touched
3. any item immune from piracy that is also purchased
4. property that is available for public use
1. copyrighted material, plus intangible things like ideas, music, the written word, or pictures
The term "intellectual property" typically refers to creations of the mind that have been given legal protection. It covers various intangible assets, including but not limited to:
1. Copyrighted material: This includes original works of authorship, such as books, music, paintings, photographs, movies, and software.
2. Trademarks: These are words, phrases, symbols, or designs that help distinguish and identify the source of goods or services, such as company logos or brand names.
3. Patents: These grant exclusive rights to inventors for new and useful inventions, providing them with the ability to prevent others from making, using, or selling the invention for a limited period.
4. Trade secrets: These encompass confidential information that gives a business a competitive advantage, such as customer lists, manufacturing processes, or marketing strategies.
It is worth noting that intellectual property rights vary depending on the country and legal framework in place.