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In your textbook, Engineering Design, 5th ed., read section 5.9 "Patents and Other Intellectual Property" pp.178-187.
Intellectual Property is
- “A category of intangible rights protecting commercially valuable products of the human intellect.”
- “A commercially valuable product of the human intellect, in a concrete or abstract form…”
—Black’s Law Dictionary
Intellectual Property: an Introduction
Patent & Trademark Librarian