This document provides an overview of intellectual property rights (IPR) including copyrights, patents, trademarks, and trade secrets. It defines intellectual property as something produced using human intellect that has commercial value. The main purpose of IPR law is to encourage the creation of intellectual goods by giving people and businesses property rights to what they create for a limited time, providing an economic incentive. Copyrights, patents, trademarks, and trade secrets are then each briefly described with examples.