BUSINESS ADMINISTRATION
MANAGEMENT INFORMATION SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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true
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false
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Detailed explanation-1: -Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.
Detailed explanation-2: -Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
Detailed explanation-3: -Unlike physical property, such as real estate, jewelry or cars, IP is intangible personal property. IP rights protect your right to use your original creation, but does not protect the idea itself. Some IP rights last for a specific amount of time, while others can, in theory, last forever.
Detailed explanation-4: -The correct answer is All of the above. IPR is a general term covering patents, copyright, trademark, industrial designs, geographical indications, protection of layout design of integrated circuits.