Intellectual Property: Basics

This lecture covers the fundamentals of intellectual property (IP), including the distinction between real, personal, and intellectual property. It delves into the reasons why countries recognize IP, the different types of IP such as trade secrets, trademarks, patents, and copyrights, and the mechanisms for protecting them. The lecture also explores the concept of launching new ventures and the importance of IP in this process, highlighting the trade-offs between disclosure, exclusivity, and time horizon in IP protection.