MANAGEMENT

Detailed explanation-1: -Intellectual property theft is one someone steals an idea, creative expression, or invention from an individual or a company. IP theft can refer to someone stealing patents, copyrights, trademarks, or trade secrets.

Detailed explanation-2: -Trademarks, patents, and copyrights are different types of intellectual property.

Detailed explanation-3: -Intellectual property crime is committed when someone manufactures, sells or distributes counterfeit or pirated goods, such as such as patents, trademarks, industrial designs or literary and artistic works, for commercial gain.

Detailed explanation-4: -Intellectual property, also known as “IP, ” is an overall term for ownership of and rights to creative works. It includes inventions; literary and artistic works; designs; and symbols, names, and images used in commerce and business. Intellectual property owners have specific exclusive rights to their creations.