Intellectual Property
Categories: Regulations, Company Management
Well...there’s real property and the things that live on it. Cows. Barn. Fertilizer (Congresspeople were just visiting.) Surgical face masks.
But what about the blueprints for a state-of-the-art, brand-new semiconductor. Awesome device. Can store the entire video library of Netflix on your wrist. Took a thousand people 4 years to build the blueprints, and they’re probably worth half a billion dollars. Think of them as brain-splat...the good kind, not the zombie-eaten kind.
The best ideas, splattered on paper, and then filed with the US and other patent offices, likely to be licensed in return for cash payments to a variety of computer device makers over time.
This paper? It’s intellectual property. Or rather...the ideas represented on it are IP...and they’re sellable, just like any other property: Cars, horses, homes, land, planes, remote control gardening shears...whatever.
Intellectual property generally refers to anything that’s not, like…touchable. MC Hammer knows what we’re talking about. Just ideas or assets that only live as concepts.
The Disney brand? Intellectual property.
The Disney theme park? Real property.
The recipe for Coke? Intellectual property.
That bottle of coke Safeway sold you for 3 bucks? Real property.
The Shmoop name and logo, and the “Shmoop!” audio sound thingy? Intellectual property.
A Shmoop t-shirt? Real property.
The kid who stars in all our Shmoop videos? Uh…not property. There are...laws against that sort of thing today.
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Finance: What is intellectual property?6 Views
Finance Allah shmoop What is intellectual property Well here's really
property Cows barn Verdell Isar Surgical facemasks But this wealthy
Zehr blueprints for a state of the art brand new
semi conductor Awesome device can store the entire video library
of Netflix on your wrist Took a thousand people four
years to build the blueprints and they're probably worth a
half a billion dollars today Think of them as brain
splatter the good kind of brain flat not the zombie
eaten kind The best ideas splattered on paper and then
filed with the U S and other patent offices around
the world likely to be licensed in return for cash
payments to a variety of computer device makers Overtime This
paper it's intellectual property Or rather the ideas represented on
it are I pee and they're sellable just like any
other property Cars horses homes land planes remote controlled gardening
Cheers Yeah whatever Intellectual property generally refers to anything that's
not like touchable M C Hammer knows what we're talking
about you and or more like It's just ideas or
assets that only live as concepts The Disney brand intellectual
property the Disney theme park Riel property The recipe for
Coke intellectual property That bottle of Coke Safeway just sold
you for three bucks Riel property the shmoop name and
logo And this schmuck audio sounding thing Yeah intellectual property
The shmoop t shirt on this cute kid riel property
The kid Well not property There are laws against that 00:01:30.45 --> [endTime] sort of thing but she's cute anyway Hi