Fundamentals of Intellectual Property by Faith Oluwaferanmi Oluwafimihan

Intellectual property is a product of the mind and thoughts, hence the word ‘intellect’. It is defined by the World Intellectual Property Organization(WIPO) as ‘creations of the mind, inventions, literary and artistic works, and symbols, names, images and designs used in commerce’. Intellectual property is transferrable like other properties by gift, sale or bequest, and it can be temporal or permanent in nature.