Understanding Intellectual Property: Types, Examples, and Importance - P9
- Shidonna Raven

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BymWill Kenton
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Updated August 05, 2025
Source: Investopedia
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Overview of Intellectual Property Categories
Intellectual property can consist of many types of intangibles.
Digital Assets
Digital assets are also increasingly recognized as intellectual property. These would include proprietary software code or algorithms and online digital content.
Types of Intellectual Property | ||
IP | Protection | Duration (in the U.S) |
Patents | Inventions, industrial designs, computer code | 20 years |
Trademarks | Unique identifiers for a business or its products or services (e.g., logos, brand names) | As long as the trademarked material remains active |
Copyrights | Works of authorship, including books, poems, films, music, photographs, online content | 70 years after the author dies6 |
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