Question

How is intellectual property different from other

property?

Short answer

Intellectual property is intangible creations of the human mind while other properties mostly refer to a physical form of property.

Step-by-step solution

Step 1. Meaning

Intellectual property might not have a physical form while other properties have a physical form such as land, property, bonds, etc.

Copyrights, patents, trademarks, and trade secrets are examples of intellectual property.

Step 2. Example,

when A musician creates a song then, that song is his intellectual property. He will have its copyright, hence, if someone wants to use that song for monetary purposes then he/she has to pay that musician.