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Strawberry scientist is sued over the fruits of his research

Plant scientist Douglas Shaw spent his career toiling in the fields in California to grow the perfect strawberry, one that was plump and bright red yet remained sweet even after the long trip to grocery stores across the ...

Researchers develop carbon-negative concrete

A viable formula for a carbon-negative, environmentally friendly concrete that is nearly as strong as regular concrete has been developed at Washington State University.

Wikipedia to be blacked out over anti-piracy bill (Update)

Wikipedia will black out the English language version of its website Wednesday to protest anti-piracy legislation under consideration in Congress, the foundation behind the popular community-based online encyclopedia said ...

Self-destructive behaviour: Burberry not alone

Burberry, which has been in the crosshairs for burning tens of millions of dollars of its products, is far from the only firm to destroy unsold goods to maintain the exclusivity and luxury mystique of their brands.

Study finds patent systems may discourage innovation

(PhysOrg.com) -- A new study challenges the traditional view that patents foster innovation, suggesting instead that they may hinder technological progress, economic activity and societal wealth. These results could have ...

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Intellectual property

Intellectual property (IP) is a number of disparate types of legal monopolies over creations of the mind, both artistic and commercial, and the corresponding fields of law. Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; ideas, discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property include copyrights, trademarks, patents, industrial design rights and trade secrets in some jurisdictions.

The majority[which?] of intellectual property rights provide creators of original works a form of temporary monopoly with the aim of creating an economic incentive to develop and share ideas.

Although many of the legal principles governing intellectual property have evolved over centuries, it was not until the 19th century that the term intellectual property began to be used, and, it is said, not until the late 20th century that it became commonplace in the United States.

This text uses material from Wikipedia, licensed under CC BY-SA