20. Types of Property
20
TANGIBLE PROPERTY
That which can be
measured, touched &
have physical forms
INTANGIBLE/
INTELLECTUAL PROPERTY
That which cannot be measured,
touched not having any physical
forms
21. Intellectual Property Rights
21
Patents
Protects
Innovative
Products and
Processes
Designs Trademarks
Geographical
Indications
Copyrights
Semiconductor
integrated Circuit
layout Designs
Protects
creative
designs
inclusive
Textile
designs
Protects
distinctive
Signs of a
business
Protects
traditional
products,
specific for a
geographical
region
Protects
cultural,
artistic and
literary work
Protects layout
designs or
topographic or
integrated circuit