Concept of Intellectual Property Rights
➦ Intellectual Property Rights are legal rights that are granted to individuals or organizations for their inventions or creations that are the result of human intellect.
➦ Innovation, creativity, and the economic value derived from intellectual assets are protected by these rights.
➦ Intangible assets such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce are included in intellectual property rights.