Review:
Intellectual Property Rights
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Intellectual property rights refer to the legal rights that protect creations of the mind, such as inventions, literary and artistic works, and symbols, names, and images used in commerce.
Key Features
- Protection of intangible creations
- Exclusive rights for creators
- Encourages innovation and creativity
- Monetary value for intellectual assets
Pros
- Encourages innovation and creativity
- Provides monetary value for intellectual assets
- Protects the rights of creators
Cons
- Can be complex and costly to enforce
- May stifle competition in some cases
- International enforcement can be challenging