What is Intellectual Property?

What is Intellectual Property? - Answer by Bahar Ansari

Intellectual Property (IP) refers to the creations of the mind that are protected by law. This includes a variety of intangible assets such as names, logos, inventions, designs, and software code. IP transforms ideas into legal assets that individuals or organizations can own, control, and monetize. By securing legal protection for these creations, IP rights enable creators to safeguard their innovations and prevent unauthorized use by others.