Intellectual Property Rights (IPR)

The rights given to the owners of intellectual property. IPR is protected either automatically (e.g. copyright, design rights) or by registering or applying for it (e.g. trademarks, patents). Protecting your intellectual property makes it easier to take legal action against anyone who steals or copies it. IPR can be legally sold, assigned or licenced by the creator to other parties, or joint-owned.

Source: Open Research Glossary:

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