A study by Daniel Okimoto at Stanford University identified five other factors: 1  The political party in power did not take the difficult steps needed to spur the economy. 2  Taxes were raised in 1997. 3  Banks kept bad loans on their books, which tied up capital needed to invest in growth.
Intellectual property is the area of law that deals with protecting the rights of those who create original works. It covers everything from original plays and novels to inventions and company identification marks.atents protect an invention from being made, sold or used by others for a certain period of time. There are three different types of patents in the United States: 1  Utility Patents-these patents protect inventions that have a specific function, including things like chemicals, machines, and technology.
Rating Newest Oldest. Best Answer: While the above is true, I can think of another meaning: intellectual property. Intellectual property is basically the works you come out with and the copyrights or patents you have on them. How this related to video games is you'll often hear that a developer is coming out with a new IP, this basically means they're starting a new series that has nothing to do with any of their previous work. Source(s): http://en.wikipedia.org/wiki/Intellectua...