What are the types of Intellectual Property?

Patent is the most popular type of intellectual property. This is used to avoid unpermitted selling or creation of an original invention of a patent owner. However, the patent owner has the right to monetize his patent or give any third party the license to use it.

Trademark is a type of intellectual property in a form of symbol, text, phrase, and sound to be easily distinguished by people.

Copyright is often seen in books. It protects all tangible creations like: books, art, music, drawing.

Trade Secrets is the form of intellectual property that is strictly kept by businesses. It is composed of confidential information, formula, strategies, and more.