what are characteristics of intellectual property

I. Intellectual Property results of intellectual effort, there bundle of rights to protect the intangibles.

II. There are at least 4 key forms of legal protection afforded to IP:

Patent

Copyright

Trademark

Trade Secret

III. IP laws are national laws, enforced by national courts. Specific intellectual property laws vary from country to country, so, you must be familiar with the laws that define protection for your intellectual assets for the country in question. Legal remedies afforded to intellectual property vary greatly depending upon where in the world your asset is located.

IV. Numerous intellectual property treaties about IP come into being to facilitate obtaining IP rights and set minimum standards of protection.