Intellectual Property (IP) refers to creations of the mind that are legally protected from unauthorized use by others. It gives the creator or owner exclusive rights over the use of their creations for a certain period of time.
Patents – Protect inventions or technical solutions (machines, processes, etc.).
Trademarks – Protect brand identifiers like names, logos, slogans.
Copyrights – Protect literary, artistic, and musical works (books, films, songs).
Industrial Designs – Protect the aesthetic or ornamental design of objects.
Trade Secrets – Protect confidential business information (formulas, processes, strategies).
Encourages innovation and creativity.
Protects business identity and reputation.
Provides economic incentives through exclusivity.
Helps creators and businesses earn revenue through licensing, sale, or commercialization.
Apple’s iPhone Design → Protected by Industrial Design.
Apple Logo → Protected by Trademark.
iOS Software Code → Protected by Copyright.
Face ID Technology → Protected by Patent.
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