What is Intellectual Property (IP)?

UFS strip research


Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, symbols, designs, and names used in commerce. Intellectual property rights are the legal rights that creators have over their creations, giving them the exclusive right to use, license, and/or sell their creations.

IP is vital for driving innovation, protecting investments, and providing recognition and rewards to creators. It also plays a significant role in international trade, protecting market share, and attracting investment. IP is essential for incentivising creativity, innovation, and economic growth in today's economy.

Effective IP management is essential for universities to achieve their strategic goals, foster innovation, and contribute to the knowledge economy. It enables them to protect their investments, maximise the value of their IP assets, and stay ahead of competitors in a rapidly changing and competitive landscape.


Contact me

Palesa Mgaga
Senior Officer: Intellectual Property
T: +27 51 401 2283
E: MgagaP@ufs.ac.za

Johannes Brill Building, First Floor, Bloemfontein Campus

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