what is intellectual property system bst class 11
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The intellectual property (IP) system relates to rights and obligations, as well as privileges and incentives--all rooted from the creation and protection of IP, which “refers to creations of the mind: inventions; literary and artistic works; and symbols, names, and images used in commerce.”
IP rights as basic human rights involve “the right to benefit from the protection of moral and material interests resulting from authorship of scientific, literary, or artistic productions.”
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