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In: Psychology

Research the various types of IP via the Internet and instructor resources provided. Explain the importance...

Research the various types of IP via the Internet and instructor resources provided. Explain the importance of intellectual property (IP) to entrepreneurs in an overview. Which, in your opinion, is the most vital IP right? Why does it stand out from others?

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Expert Solution

* Intellectual Property = IP is a term referring to a number of distinct of creations of the mind for which a set of exclusive rights are recognized and the corresponding fields of law. Intellectual property is something that’s of value to a corruption, but is not tangible property. IP is considered intangible because it’s a concept, or an idea. Trade marker, copyrights, patents and industrial designs are known as intellectual property. * Intellectual property characteristics = (1) Intangible nature.


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