Intellectual property can be legally protected even though it is not a physical object. The above statement is true.
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What is Intellectual property?</h3>
- Intangible works of human intellect are included in the category of property known as intellectual property.
- Different nations recognize different kinds of intellectual property to varying degrees. Copyrights, patents, trademarks, and trade secrets are the most well-known varieties.
- In the 17th and 18th centuries, England was where the modern idea of the intellectual property first emerged.
- Although the concept of "intellectual property" was first coined in the 19th century, it wasn't until the late 20th century that it was widely accepted in the majority of the world's legal systems.
- Encouragement of the production of a wide range of intellectual commodities is the primary goal of intellectual property legislation.
- The law grants people and corporations property rights to information and intellectual property in order to do this.
To learn more about intellectual property with the given link
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