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Intellectual Property Definition and Explanation PDF | Download eBooks

Learn Intellectual Property definition in strategic management with explanation to study “What is Intellectual Property”. Study intellectual property explanation with strategic management terms to review strategic management course for online MBA programs.

Intellectual Property Definition:

  • Proprietary information that's critical to an organization's efficient and effective functioning and competitiveness.

    Management by Stephen P. Robbins, Mary A. Coulter

Intellectual Property Explanation:

Intellectual property (IP) alludes to manifestations of the brain, for example, developments; scholarly and imaginative works; structures; and images, names and pictures utilized in business. IP is secured in law by, for instance, licenses, copyright and trademarks, which empower individuals to win acknowledgment or money related profit by what they design or make. By striking the correct harmony between the interests of pioneers and the more extensive open intrigue, the IP framework expects to encourage a domain where inventiveness and advancement can thrive.

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