Slide 8
Slide 8 text
So back to IP, literally speaking we have property that
is intellectual, as opposed to physical. If you paint a
painting, you probably own the physical object of the
paining, you can sell the painting, rent it, destroy it,
whatever. But you also own the abstract, intellectual
component that is your creative work manifested as a
painting. And just like with the physical object, you
have some rights over the abstract part too.