Intellectual property rights

Intellectual property rights,

Definition of Intellectual property rights:

  1. A right that is had by a person or by a company to have exclusive rights to use its own plans, ideas, or other intangible assets without the worry of competition, at least for a specific period of time. These rights can include copyrights, patents, trademarks, and trade secrets. These rights may be enforced by a court via a lawsuit. The reasoning for intellectual property is to encourage innovation without the fear that a competitor will steal the idea and / or take the credit for it.

How to use Intellectual property rights in a sentence?

  1. If you come up with a new idea you should file for the intellectual property rights so that no one steals the idea from you.
  2. If you come up with a new idea you should file for the intellectual property rights so that no one steals the idea from you.
  3. The intellectual property rights of the inventor were never violated as they waited until the attorneys reviewed the materials before proceeding.

Meaning of Intellectual property rights & Intellectual property rights Definition