In 100 words or more, explain the value of intellectual property especially in the case of media content or products.
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In 100 words or more, explain the value of intellectual property especially in the case of media content or products.
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The World Intellectual Property Organization (WIPO) defines intellectual property as "thought creations, such as inventions, literary and creative works, designs, and symbols, names, and images used in business." This means that when someone develops anything concrete or intangible, the creator retains ownership of the product and has control over its use. When it comes to social media, this is where things become a little murky.
In the social media environment, "content sharing" and "collaborating" are commonplace. This is how one builds a following, extends their market, or engages with their "community."