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. Avril Benoît:

    MSF applauds the U.S. government’s bold decision to support the waiving of intellectual property on COVID-19 vaccines during this time of unprecedented global need.

  2. Mike Pence:

    Forced technology transfers, intellectual property theft are a reality. President Trump has made it clear that things have to change with China on the structural issues as well as the trade imbalance and we'll continue to stand firm on those.

  3. Stratfor Security Analyst Scott Stewart:

    One of the problems with how items progress from research to commercial use is that hostile governments will try to steal intellectual property during this stage and use it for their own programs, this presents a threat to national security.

  4. Francesco Rocca:

    If someone would say this is the intellectual property of this company ... and putting high prices on the vaccines, so making it impossible or very difficult to have access, this of course can have an impact on the most vulnerable, we want to prevent some unilateral decision that can effect the opportunity to have treatments and vaccines for everyone.

  5. Ben Glassman:

    Companies should see that Chinese officials are seeking to acquire their intellectual property, not only through hacking, but also through the recruitment of insiders, companies should also see that working together with federal law enforcement authorities, as in this case, those attempted thefts can be thwarted and foreign actors can be brought to trial for their actions.


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. 1 May 2024. <https://www.definitions.net/definition/intellectual+property>.

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    A affront
    B transpire
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