Free Intellectual Property Rights

 Intellectual property (IP) may be a category of property that has intangible creations of the human intellect. There are many sorts of property , and a few countries recognize quite others. the foremost well-known types are copyrights, patents, trademarks, and trade secrets. Early precursors to some sorts of property existed in societies like Ancient Rome, but the fashionable concept of property developed in England within the 17th and 18th centuries. The term "intellectual property" began to be utilized in the 19th century, though it had been not until the late 20th century that property became commonplace within the majority of the world's legal systems. the most purpose of property law is to encourage the creation of a good sort of intellectual goods. to realize this, the law gives people and businesses property rights to the knowledge and intellectual goods they create, usually for a limited period of your time . this provides economic incentive for his or her creation, because it allows people to take advantage of the knowledge and intellectual goods they create. These economic incentives are expected to stimulate innovation and contribute to the technological progress of nations, which depends on the extent of protection granted to innovators. The intangible nature of property presents difficulties in comparison with traditional property like land or goods. Unlike traditional property, property is "indivisible", since a vast number of individuals can "consume" an intellectual good without it being depleted.