Business

China becomes world's top patent filer: UN

China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said Tuesday.

US, China clash over head of UN intellectual property agency

Dozens of countries are voting Wednesday in a pivotal phase of an election to choose the next head of the U.N.'s intellectual property agency, a contest for a key post in the Digital Age that has pit the United States against ...

Hardware

Groundbreaking method detects defective computer chips

Guaranteeing that computer chips, that can consist of billions of interconnected transistors, are manufactured without defects is a challenge. But how to determine if a chip is compromised?

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Intellectual property

Intellectual property (IP) is a number of disparate types of legal monopolies over creations of the mind, both artistic and commercial, and the corresponding fields of law. Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; ideas, discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property include copyrights, trademarks, patents, industrial design rights and trade secrets in some jurisdictions.

The majority[which?] of intellectual property rights provide creators of original works a form of temporary monopoly with the aim of creating an economic incentive to develop and share ideas.

Although many of the legal principles governing intellectual property have evolved over centuries, it was not until the 19th century that the term intellectual property began to be used, and, it is said, not until the late 20th century that it became commonplace in the United States.

This text uses material from Wikipedia, licensed under CC BY-SA