Intellectual Property

Intellectual property is the result of human creativity. The owner of intellectual property can be clearly identified. Intellectual property can be protected or registered.

There are several types of intellectual property. Intellectual property can be divided into non-protected (non-registered) and protected intellectual property, registered in a form of industrial property rights (trademarks, industrial designs, patents...).

The subject of intellectual property rights may include:
 

• copyright and similar rights,
   
• trademark,
   
• industrial design,

• patent,

• short-term patent,

• geographical indication,

• supplementary protection certificate,

• topographies of integrated circuits, etc.

Intellectual property has a market value and can be evaluated.
 
Protected intellectual property has economic market advantages.


Protected intellectual property enables:
 

• business cooperation (e.g., licensing of industrial property rights),

• control of protected intellectual property rights (prohibiting third parties to use the protected intellectual property), and

• profit as a result of the use of the protected intellectual property right.