Intellectual Property
Definition
Exclusive rights over technological innovation achievements.
Historical Background
1990s: strengthened IP protection boosted innovation enthusiasm.
Example
New formulations and processes need patent protection. Like a technological moat.
Formula
IP Value = f(Patent Count, Technical Content, Market Application)
Core Concepts
Legal protection for innovation: patents, trademarks, copyrights safeguard intangible assets.
Extended Applications
Invention patents: core tech; utility models: process improvements; design: appearance; trademarks: brand; trade secrets: formulations.