What are intellectual property rights ?how are they different from property rights to physical assets? why has digitilazation beena hazard to intellectual property rights? Solution Ans.1 The term \"Intellectual Property Rights\" refers to the legal rights granted with the aim to protect the creations of the intellect. These rights include Industrial Property Rights (e.g. patents, industrial designs and trademarks) and Copyright (right of the author or creator) and Related Rights (rights of the performers, producers and broadcasting organizations). Ans.2 Under property rights of physical assets the holder of such right can visibly see the property ,Intellectual property rights though treated as a physical assets are intangible which means holder can enjoy the property rights but can be seen or moved as like tangible assets. Ans. 3 Intellectual property theft is trending the wrong way. Despite measures to prevent it, respond to it, and mitigate the effects of this type of costly and even dangerous crime, intellectual property theft is growing .