Definition of IP

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

Intellectual property (IP) is a term referring to creations of the intellect for which a monopoly is assigned to designated owners by law. (Wikipedia)

Intellectual Property (IP) is the application of the mind to develop something new or original.

Intellectual property means the legal rights which result from intellectual activity in the industrial, scientific, literary and artistic fields.

The Convention Establishing the World Intellectual Property Organization (WIPO), concluded in Stockholm on July 14, 1967 (Article 2(viii)) provides that “intellectual property shall include rights relating to:

- literary, artistic and scientific works,

- performances of performing artists, phonograms and broadcasts,

- inventions in all fields of human endeavor,

- scientific discoveries,

- industrial designs,

- trademarks, service marks and commercial names and designations,

- protection against unfair competition,

and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields.”