IP and Development

Intellectual Property (IP) refers to creations of the mind—such as inventions, designs, trademarks, images, and literary works—that are legally protected so their creators can control their use. Development involves the process of turning these ideas or inventions into tangible products, services, or applications. In essence, IP safeguards innovation, while development is about bringing those innovations to life in a marketable form. Together, they foster creativity, protect investments, and support economic growth by ensuring creators benefit from their work.