Intellectual Property and Intellectual Property Rights: Intellect refers to the creations of a person's mind which may be an idea, a process, a program, a model, a name, symbol or writing. Intellectual property is the conception of an intellect in the form of an idea, theory, conclusion, invention, design or model, to which the right is exclusively associated with the owner by law. What one owns should belong to him legally and by right. Their ideas, creations, inventions, models and any designs they have modeled should be theirs by right, which is made possible by various forms of intellectual property rights, including patents, industrial design rights, copyright, trade dress, trademarks and geographical indications. Intellectual property rights guarantee owners legal protection for new inventions and encourage the assurance of additional resources for new innovations. With the intellectual property system, the public interest and that of innovators go hand in hand, creating an environment that inspires inventions and creativity benefiting all members of society. Benefits of intellectual property rights to society: • Encouragement to scientists and innovators: Intellectual property rights provides multiple incentives ranging from fame to monetary benefits to researchers and innovators and therefore encourages the creation of better and more efficient products. • New inventions benefit people: Every new invention, for example in the medical field, is beneficial to average people and this is only possible because of the encouragement that scientists receive through the intellectual property system. • Consumer Trust in the Product: The consumer has confidence in the product or services they are purchasing through international brand protection and enforcement mechanisms to discourage privacy. • How to decide which intellectual property right should be guaranteed. • • Intellectual property law is quite complex and many people confuse the terms patent/copyright and trademark and use them interchangeably such as “patenting a film script” or “writing a text”. On the contrary, if the cover of the ink pen to prevent the ink from drying or spilling is invented by their friend, they cannot use it. Thus, we have the legal right to sell a fountain pen but without a cover. “The history of patents begins not with inventions, but rather with royal grants granted by Queen Elizabeth I (1558-1603) for monopoly privileges... About 200 years after the end of Elizabeth's reign, however, a patent represents an obtained legal right. by an inventor providing for exclusive control over the production and sale of his mechanical or scientific invention... [Demonstrating] the evolution of patents from the royal prerogative to the common law doctrine. Reference: ^ Mossoff, A. “Rethinking the Development of Patents: An Intellectual History, 1550-1800,” Hastings Law Journal, Vol. 52, p. 1255, 2001. Some of the patents are:  Sewing machine: Patent held by Howe and Singer Magnetic resonance imaging (MRI): Patents held by Damadian Iphone: Patent held by AppleWhat inventions can be patented?Inventions that have the following characters can obtain a patent: It must above all be of some utility