Intellectual property is essentially an intangible property right, and its object is intellectual achievements or knowledge products, an intangible property or formless spiritual wealth, and a labor result created by creative intellectual labor. Like tangible property such as houses and cars, it is protected by national laws and has value and use value. The value of some major patents, well-known trademarks or works is much higher than tangible property such as houses and cars.
Second, the characteristics:
(1) Intellectual property is an intangible property.
(2) Intellectual property rights are exclusive.
⑶ Intellectual property rights have the characteristics of timeliness.
(4) Intellectual property rights are regional.
The acquisition of most intellectual property rights requires legal procedures. For example, the acquisition of trademark rights requires registration.