Intellectual property includes the security of patents, trademarks, industrial designs, and geographical signs . In addition, it has the security of utility models, trade dressand layout-designs or topographies of integrated circuits, in which such protection is present, and protection against unfair competition including/or protection of undisclosed information/trade keys . IP is truly a sort of home or advantage , as valuable (or more valuable) than real or physical property, although it might be subjective, such as comprehension. The significance of IP assets relative to assets has improved due to the significance of technology and functions in the market. IP is composed of fresh ideas, first expressions, identifying titles, and look that make products distinctive and precious . IP can be traded (or even”accredited “) in its own right without trading at the worth of an underlying service or product, by way of patent or other IP permits from a rights owner to the next.