Intellectual property crime,
Definition of Intellectual property crime:
Intangible property that is the result of creativity, such as patents, copyrights, etc.
The piracy or counterfeiting of goods such as digital media, luxury fashions, pharmaceuticals, electronic goods, and other manufactured goods. For organized criminals, the crime can be highly profitable and only a small investment is necessary in many cases. Intellectual property crime occurs on a global scale making it more difficult for authorities to contain and prosecute. Advances in current technologies make it much easier for production and manufacturing of knock-off products and the quality is good enough to make it difficult for consumers to tell the difference.
How to use Intellectual property crime in a sentence?
- The legal system protects intellectual property through patents and copyright.
Meaning of Intellectual property crime & Intellectual property crime Definition
