What is Intellectal Property?

What is Intellectal Property? - Answer by Bahar Ansari

Intellectual Property (IP) refers to the creations of the mind that are protected by law. This includes a wide range of intangible assets such as names, logos, artistic works, designs, software code, and inventions. IP transforms ideas into legal assets that individuals and organizations can own, control, and monetize. By providing legal protection, IP rights enable creators to safeguard their innovations and ensure that they can benefit economically from their work.