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Intellectual Property and Real Property

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What do we mean by "intellectual property"? What are the differences between intellectual property and real property? Should someone be able to own intellectual property? Why or why not?

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Solution Summary

The solution discusses the differences Between Intellectual Property and Real Property.

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Intellectual property is a property which is intangible and cannot be defined by physical boundaries. Intellectual property or IP can be defined as the ownership interest in a concept or idea rather than an object or an ownership interest in the creations of human mind. Different types of ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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