An Overview Of Intellectual Property Law
Generally speaking, intellectual property is any product that is the outcome of the human
intelligence, which can be protected by the intellectual property law from unauthorized use by
others. The ownership of such a...
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An Overview Of Intellectual Property Law
Generally speaking, intellectual property is any product that is the outcome of the human
intelligence, which can be protected by the intellectual property law from unauthorized use by
others. The ownership of such a property generally creates a restricted monopoly on the secured
property. It traditionally includes four categories and they are trade secrets, trademark,
copyright and patent.
The items that are created out of the intelligence of human that includes the subject matter of
the intellectual property are classified as non-rivalrous public goods. This means that the same
item can be used simultaneously by more than a single individual without reducing its availability
to others.
Even though, the law of intellectual property can seem to be similar to the law of tangible
property, both has a bundle of rights that are conferred on its owner. However, there are some
differences between the two. Even, properties like land and house can come
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