The term intellectual property describes a category of property that includes creations by the human mind. Essentially, it is something that manifests through an idea into something that has practical and tangible effects. The tangible form of a concept or idea can be assigned property rights. For instance, the idea of inserting something into a travel cup of coffee to prevent spills into the tangible product seen at Starbucks company called the Splash Stick. Another example is the idea of writing a document on a computer into a program such as MS Word®.
Claiming ownership rights over intangible property is often difficult, which is why as early as 500 BCE, ancient Greece recognized a type of rights to the inventors. Today there are numerous laws to help protect the rights to intangible property both at the state and federal level.