The main purpose of intellectual property law is to encourage the creation of a wide variety of intellectual goods. The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in most of the world's legal systems. The modern concept of intellectual property developed in England in the 17th and 18th centuries. The best-known types are patents, copyrights, trademarks, and trade secrets. There are many types of intellectual property, and some countries recognize more than others. Intellectual property ( IP) is a category of property that includes intangible creations of the human intellect. Intellectual property laws such as trademark laws forbid the sale of infringing goods like these " McDnoald's" and " NKIE" sandals.
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