What is Intellectual Property?

A definition of Intellectual Property

“Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce.”

Intellectual Property in Business Glossary - What is an Intellectual Property?

Business Glossary > What is Intellectual Property?


Examples of Intellectual Property in a Sentence:

She received a patent for her intellectual property.

Protecting intellectual property is crucial for innovative companies.

Intellectual property rights can increase the value of a business.

Why is Intellectual Property Important in Business?

Understanding intellectual property is essential for protecting the value of creative works and innovations. It enables businesses and individuals to safeguard their ideas from unauthorized use, ensuring competitive advantage and revenue generation.

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Associated Terms

Here are some associated business terms and synonyms for “Intellectual Property”:

  • IP
  • Creative Rights
  • Patent Rights

Apple’s Intellectual Property

Apple is renowned for its robust portfolio of intellectual property, encompassing patents, trademarks, and copyrights that protect its innovative technology and distinctive brand identity. Apple’s commitment to safeguarding intellectual property plays a critical role in maintaining its market dominance and fostering innovation.

Final Notes on Intellectual Property

When protecting intellectual property, businesses should consider:

  • Registering patents, trademarks, and copyrights
  • Monitoring and enforcing IP rights
  • Understanding international IP laws

Awareness and proactive steps in protecting intellectual property ensure a competitive edge and legal protection.


This has been a definition of Intellectual Property meaning.

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