by Seno Namwandi

The business economy revolves around what one knows, knowledge is now a commodity and therefore to trade it as a commodity, one has to be able to quantify it. Intellectual Property enables quantification of knowledge expressed in various forms. Intellectual property (IP) is the legal right granted by a government entity to creations that result from one’s intellect and/or creativity. IP enables ownership of these creations and the legalizing element of ownership therefore enables an aspect of trading.