Detail:This lesson is designed to provide basic concepts and definitions of IP (Intellectual Property) and IPR (Intellectual Property Rights). It provides an overview of intellectual property and the reasons why it is considered an important economic and cultural asset in today’s life and economy. The basic concepts and the relevance of IP management are also explained here, and a few case studies are presented. The concepts learned in this lesson will set the basis for further study of more detailed issues related to IP, especially those regarding patents. The lesson also includes a quiz consisting of a set of questions and answers to test and improve the knowledge in the field of IPR. Once finished the quiz, the student will receive a summary including explanations and an overall evaluation, suggesting a path for further improvement.