Which of the following is NOT a type of intellectual property?

Intellectual property encompasses creations of the mind, such as inventions, literary and artistic works, symbols, names, and images used in commerce. The classifications of intellectual property typically include copyrights, patents, trademarks, and trade secrets.

Copyright protects original works of authorship, including literature, music, and art. A patent grants exclusive rights to an inventor for a certain period, allowing them to exclude others from making, using, or selling their invention. Trade secrets refer to confidential business information that provides a competitive edge, such as formulas, practices, and processes.

Corporate equity, however, refers to the ownership interest held by shareholders in a corporation. It represents an investment stake but does not fit the definition of intellectual property, as it does not protect creative works or commercial secrets. Understanding this distinction is crucial for recognizing the various ways businesses and individuals can protect their innovations and creative outputs.