Intellectual property Rights permit the inventor to own products of his creation in a way like owns his own property. Everyone has the right to control his Intellectual Property and also has the right to enjoy honors for its creativity. This enhances further creativity and invention. There are 4 different types of Intellectual Property.
Designs
Trademarks
Copyrights
Patents
Intellectual Properties also have trade secrets, plant varieties, geographical indications, performers rights within its gambit. One creation may often attract more than one type of IP.