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Is intellectual property a property right?

Intellectual property rights are property rights. Intellectual property rights include both property rights and personal rights.

Intellectual property is essentially an intangible property right. Its object is intellectual achievements or knowledge products. It is a kind of intangible property or a kind of intangible spiritual wealth. It is the result of creative intellectual labor. The fruits of creative labor.

Intellectual property rights, like tangible property such as houses and cars, are protected by national laws and have value and use value. The value of some major patents, well-known trademarks or works is also much higher than tangible properties such as houses and cars.

Intellectual property rights are the exclusive rights enjoyed by inventors, creators, etc. over the fruits of their creative labor in the fields of science, technology, literature and art. Its scope includes patents, trademarks, copyrights and related rights, integrated circuit layout designs, geographical indications, new plant varieties, trade secrets, traditional knowledge, genetic resources and folk literature and art.

Extended information:

Intellectual property rights provide legal protection for the rights and interests of people who have completed intellectual achievements, and mobilize people's enthusiasm and creativity in scientific and technological research and the creation of literary and artistic works.

Intellectual property rights provide a legal mechanism for the promotion, application and dissemination of intellectual achievements, transform intellectual achievements into productive forces and apply them to production and construction, generating huge economic and social benefits.

Intellectual property rights provide legal guidelines for international economic, technological, trade, cultural and artistic exchanges, and promote the progress of human civilization and economic development. As an important part of modern civil and commercial law, the intellectual property legal system is of great significance to improving China's legal system and building a country ruled by law.