Intellectual Property (IP)
Intellectual property refers to creations of the mind: inventions, literary and artistic works and symbols, as well as names and images used in commerce. Intellectual property is divided into two categories. Industrial Property includes patents for inventions, trademarks, industrial designs and geographical indications. Copyrights cover literary works (such as novels, poems and plays), films, music, artistic works (e.g., drawings, paintings, photographs and sculptures) and architectural design. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and broadcasters in their radio and television programs.