What is intellectual property law?

Intellectual property law regulates the creation,use, and exploitation of mental or creative labour. The term intellectual property has been used for almost one hundred and fifty years to refer to the general area of law that ecompasses copyright, patents, designs, and trade marks, as well as a host of related rights. Intellectual property law creates property rights in a wide and diverse range of things from novels, computer programs, paintings, films, television broadcasts, and performances, through to dress designs, pharmaceuticals, genetically modified animals and plants. Intellectual property law also creates rights in the various insignia that are applied to goods and services. We are surrounded by constantly interact with the subject matter of intellectual property law.