What you’ll learn to do: explain the purpose and characteristics of intellectual property law

This section is an introduction to intellectual property law, including the principles as established in the Constitution, significant changes and issues, and the implications for business, society, and the economy. We’ll discuss the purpose of intellectual property law, define and differentiate between types of assets and property rights, and outline the associated statutory criteria, rights, terms, and duration of protection. Terms presented include intangible asset, intellectual property, patents, copyrights, and trademarks.