Intellectual Property (IP) Rights

Intellectual Property (IP) Rights are legal protections for creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images. These rights allow creators to control how their work is used and to earn recognition or financial benefits from their creativity. There are different types of IP rights, including copyrights (for artistic works), trademarks (for brand identity), patents (for inventions), and trade secrets (for confidential business information). Essentially, IP rights encourage innovation and creativity by ensuring that creators can safeguard and profit from their ideas.