Intellectual property right (IP) gives a person the right to sole ownership or exclusiveness to their own innovation or any innovation they want to protect over a period of time.
Advantages of Intellectual property rights
- Promotes the marketability of your business.
- It converts ideas into money-making assets
- Markets the originality of your business' products and services.
- It Facilities access or raise finance for your business.
- Promotes export opportunities for your business.
Learn more about IP right at https://brainly.com/question/1078532