industrial property

Industrial property refers to a category of intellectual property that protects creations related to industry and commerce. This includes patents for inventions, trademarks for branding products and services, and designs for product appearances. The purpose of industrial property is to safeguard the rights of creators and businesses, encouraging innovation and investment by granting exclusive rights to use and commercialize their creations for a certain period. This legal protection helps distinguish products in the market, promotes fair competition, and ultimately supports economic growth.