Intellectual Property

Intellectual property refers to creations of human intellect such as new products, ideas, or information that can be used without permission from their creator or owner. A person can create an intellectual property by writing a book, designing a website, designing a game, or invention patent, industrial design a brand name (trademark, or a literary and artistic work (copyright).

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.