What does intellectual property mean?

Definitions for intellectual property
in·tel·lec·tu·al prop·er·ty

This dictionary definitions page includes all the possible meanings, example usage and translations of the word intellectual property.

Princeton's WordNet

  1. intellectual propertynoun

    intangible property that is the result of creativity (such as patents or trademarks or copyrights)

Wiktionary

  1. intellectual propertynoun

    Any product of someone's intellect that has commercial value: copyrights, patents, trademarks and trade secrets.

Wikipedia

  1. Intellectual property

    Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, and some countries recognize more than others. The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in the majority of the world's legal systems.The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goods. To achieve this, the law gives people and businesses property rights to the information and intellectual goods they create, usually for a limited period of time. This gives economic incentive for their creation, because it allows people to benefit from the information and intellectual goods they create, and allows them to protect their ideas and prevent copying. These economic incentives are expected to stimulate innovation and contribute to the technological progress of countries, which depends on the extent of protection granted to innovators.The intangible nature of intellectual property presents difficulties when compared with traditional property like land or goods. Unlike traditional property, intellectual property is "indivisible", since an unlimited number of people can "consume" an intellectual good without its being depleted. Additionally, investments in intellectual goods suffer from problems of appropriation: Landowners can surround their land with a robust fence and hire armed guards to protect it, but producers of information or literature can usually do little to stop their first buyer from replicating it and selling it at a lower price. Balancing rights so that they are strong enough to encourage the creation of intellectual goods but not so strong that they prevent the goods' wide use is the primary focus of modern intellectual property law.

ChatGPT

  1. intellectual property

    Intellectual property is a category of property that includes an individual's or a company's creations of the mind - inventions, literary and artistic works, designs, symbols, names, images, formulas, processes, etc., which are often legally protected by patents, copyrights, trademarks, or trade secrets. Such protection gives the owner exclusive rights to use, sell, or profit from their creation for a certain period of time.

Wikidata

  1. Intellectual property

    Intellectual property is a legal concept which refers to creations of the mind for which exclusive rights are recognized. Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property rights include copyright, trademarks, patents, industrial design rights, trade dress, and in some jurisdictions trade secrets. Although many of the legal principles governing intellectual property rights have evolved over centuries, 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. The British Statute of Anne and the Statute of Monopolies are now seen as the origins of copyright and patent law respectively.

U.S. National Library of Medicine

  1. Intellectual Property

    Property, such as patents, trademarks, and copyright, that results from creative effort. The Patent and Copyright Clause (Art. 1, Sec. 8, cl. 8) of the United States Constitution provides for promoting the progress of science and useful arts by securing for limited times to authors and inventors, the exclusive right to their respective writings and discoveries. (From Black's Law Dictionary, 5th ed, p1014)

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Numerology

  1. Chaldean Numerology

    The numerical value of intellectual property in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of intellectual property in Pythagorean Numerology is: 6

Examples of intellectual property in a Sentence

  1. Peter Dutton:

    But we are not going to allow university students to be unduly influenced, we are not going to allow theft of intellectual property, and we are not going to allow our government bodies or non-government bodies to be hacked into.

  2. Donald Trump:

    China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology. Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong.

  3. James Pooley:

    The issue is much deeper and more troubling than just staffing WIPO’s Ethics Office with temporary personnel, i filed a complaint of retaliation on Oct. 8, 2014, almost two months before my term at World Intellectual Property Organization ended, and the agency at first did nothing about it.

  4. Russ Mould:

    A shared fascination with animals doesn’t guarantee future success, sega might be able to further milk Rovio’s existing intellectual property but very few titles can be regurgitated into successful new games and spin-off activities such as films and merchandise ad infinitum.

  5. Priscilla Moriuchi:

    We believe that APT 10 in this case exploited Visma networks to enable secondary operations against Visma's customers, not necessarily to steal Visma's own intellectual property, because they caught it so early they were able to discourage and prevent those secondary attacks.


Translations for intellectual property

From our Multilingual Translation Dictionary

  • الملكية الفكريةArabic
  • geistiges EigentumGerman
  • διανοητική ιδιοκτησίαGreek
  • propiedad intelectualSpanish
  • immateriaalioikeudetFinnish
  • propriété intellectuelleFrench
  • մտավոր սեփականությունArmenian
  • 知的財産Japanese
  • 지적재산Korean
  • proprietate intelectualăRomanian
  • интеллектуальная собственностьRussian
  • دانشورانہ ملکیتUrdu
  • sở hữu trí tuệVietnamese

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"intellectual property." Definitions.net. STANDS4 LLC, 2024. Web. 22 May 2024. <https://www.definitions.net/definition/intellectual+property>.

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