Intellectual property (IP) is a collection of rights granted to the results of intellectual and creative work that possess economic, cultural, or commercial value. Such assets arise from a person's ability to apply knowledge, experience, and intellect to solve practical problems, create new products, and contribute to the development of various fields. Under the legislation of the Republic of Uzbekistan, these intellectual assets are considered a special category of civil rights objects and are subject to legal protection.
Many people mistakenly believe that intellectual property is limited to patents or major technological inventions. In reality, protection may extend to literary works, software, design solutions, trademarks, and many other results of human activity. Each of these assets can generate revenue for its owner and eventually become a valuable intangible asset for a business.
