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Are TK and TCEs intellectual property? What are existing IP rights useful for? Thank you! The primary objective of an Intellectual Property Rights is to encourage inventions by promoting their protection and utilization so as to contribute to the development of Industries, which in turn What are IP rights useful for? Why do we have intellectual property rights? What is the public domain? Are TK and TCEs intellectual property? What are IP rights useful for? Thank you! Intellectual property rights are like any other property right. 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