What is Intellectual property rights?

IPR-are temporary grants of monopoly intended to give economic incentives for innovative activity. IPR exist in the form of patents, copyrights, and trademarks.
Intellectual property rights

over creations of the mind, both artistic and commercial, and the corresponding fields of law.^[1] 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.
provide creators of original works economic incentive to develop and share ideas through a form of temporary monopoly.

What is Intellectual Property?

Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce.

Intellectual property is divided into two categories: Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and those of broadcasters in their radio and television programs. For an introduction to IP for non-specialists see:

• Understanding Copyright and Related Rights [PDF]
• Understanding Industrial Property

The WIPO Intellectual Property Handbook offers a comprehensive introduction to the policy, law and use of IP. A summary of intellectual property legislation in member States, as well as contact information, etc., is available in the WIPO Guide to Intellectual Property Worldwide.