Intellectual property refers to a venture's intangible assets and human capital.

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Intellectual property refers to the creations of the mind, such as inventions, literary and artistic works, symbols, and names used in commerce. These assets are often critical to a company's success and are protected by various forms of intellectual property law. Human capital, which includes the knowledge, skills, and experience of a company's employees, can also be considered a form of intellectual property.

Intellectual Property Refers to a Venture's Intangible Assets and Human