Intellectual property lets people own the work they create. It can be any of the following:
Intellectual property can be very valuable, and there are businesses, such as computer games companies, that exist simply to develop intellectual property or even take advantage of it.
It is important to protect your business by securing your intellectual property rights. It is equally important to avoid infringing the rights of other businesses.
For more information, see the following guides on this site:
Intellectual Property Office