
This can be defined as the factor that sets itself as a monetary reason for inventors, creators, and artists to work for more innovative ideas. Intellectual property involves the copyright claims and patents that legally stand for the artists’ creation. In this way, the creators can market their work without contending with the peers. Trade secrets and trademarks are also two categories that fall under intellectual property. Trademarks distinguish a brand, and those cannot be used for a different company. Duplication of the trade secret would be almost impossible with this law, as it advocates the problems associated with the replication of products and manufacturing processes.