"What categories does IPfall into?"
IP rights can be classified in two ways. One approach is to separate copyright from industrial property, with copyright covering creative works like books, paintings, and music, and industrial property encompassing creations of the mind used in industries, agriculture, and extractive industries. The other approach is to distinguish between creations of the mind and business signs, with trademarks and geographical indications being separated from other forms of IP. Under this classification, the value of patents and copyrights come from the inventors' and authors' creative contributions, respectively, while the worth of a trademark depends on the goodwill it represents, rather than the originality of the mark itself. For instance, the Coca-Cola trademark has significant value due to the goodwill accumulated by the company over time, not just because of the design of the mark itself.
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