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Intellectual property is a blanket term for several types of invention, design, and artistic expression, ranging from fine art to hybrid plants. Its impact on business depends entirely on the nature of the business: some create IP, some use IP, and some exist solely to license IP to others.

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11y ago
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6y ago

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.

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Q: What is intellectual property and how does it affect the workplace?
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Intellectual property law defines intellectual property rights.


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