The concept of intellectual property relates to the fact that certain products of human intellect should be afforded the same protective rights that apply to physical property. Most developed economies have legal measures in place to protect both forms of property.
Companies are diligent when it comes to identifying and protecting intellectual property because it holds such high value in today's increasingly knowledge-based economy. Extracting value from intellectual property and preventing others from deriving value from it is an important responsibility for any company.
Many forms of IP cannot be listed on the balance sheet as assets, but the value of such property tends to be reflected in the price of the stock. Management's ability to manage these effectively and turn a profit is just one example.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
intellectual property — see property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. intellectual property … Law dictionary
intellectual property — ➔ property * * * intellectual property UK US noun [U] (ABBREVIATION IP) LAW ► someone s idea, invention, etc. that can be protected by law from being copied by someone else: »Theft of intellectual property is widespread, with factories illegally… … Financial and business terms
intellectual property — ‘Intellectual property’ or IP (zhishi chanquan) is central to the development of China’s cultural and media industries. Existing widespread IP non compliance can be attributed to a number of factors. First, the legacy of a Confucian tradition… … Encyclopedia of Contemporary Chinese Culture
Intellectual Property — Données clés Réalisation Nicholas Peterson Scénario Hansen Smith Acteurs principaux Christopher Masterson Lyndsy Fonseca David DeLuise Richard Riehle Clayton Landey Sortie 2006 … Wikipédia en Français
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intellectual property — n [U] law something which someone has invented or has the right to make or sell, especially something that cannot legally be copied by other people … Dictionary of contemporary English
intellectual property — noun uncount LEGAL something that someone has created or invented and that no one else is legally allowed to make, copy, or sell … Usage of the words and phrases in modern English
intellectual property — n. something produced by the mind, of which the ownership or right to use may be legally protected by a copyright, patent, trademark, etc … English World dictionary
Intellectual property — This article is about the legal concept. For the 2006 film, see Intellectual Property (film). Intellectual property law Primary rights … Wikipedia
Intellectual Property — Unter Geistigem Eigentum (auch intellektuelles Eigentum, engl. intellectual property) werden absolute Rechte an immateriellen Gütern verstanden. Geistiges Eigentum wird daher auch als Immaterialgüterrecht bezeichnet. Inhaber eines solchen Rechts… … Deutsch Wikipedia