1--- 2meta: 3 date: false 4 reading_time: false 5title: "Intellectual Property Rights" 6date: 2023-10-05 7description: "Intellectual property rights: Private property rights in ideas, including copyright and patents, allowing control over usage and distribution." 8tags: ["Intellectual Property", "Copyright", "Patents", "Economics"] 9--- 10 11## Background 12 13Intellectual property rights (IPR) represent the legal framework designed to protect creators and owners' interests in their intellectual property. This encompasses innovations, literary and artistic works, symbols, names, images, and designs used in commerce.