Discuss the various methods of intellectual property protection available to businesses and individuals. Solution The World Trade organisation (WTO) divides intellectual property in two main areas: (i) Copyright and rights related to copyright. back to top The rights authors have over literary and artistic works of their creation (such as books and other types of creations, like paintings, sculpture, computer programs, music and films), are protected by copyright, for a minimum time of 50 years after the author’s death. Also are protected by copyright (neighbouring) the rights of performers such as actors, singers, musicians, producers of phongrams and broadcasting agencies. The main purpose of copyright laws is to protect and encourage authors and creators to keep working on their artistic and creative products, having a legal base to cover them as owners of their work. Industrial property Industrial property is divided in two areas: Industrial property is protected by law so as to encourage inventors, technology creators in all areas to do their work, and to ensure they are the owners of their own work and gained knowledge about some technical or technological solution, useful to mankind..