The foundation of Intellectual Property Law is the belief that ideas, the products of the mind, deserve the same protection as physical products. There are four major types of Intellectual Property: Copyright, Trademark, Patent, and Trade Secret; each carries with it certain exclusive rights and entitlements. The protection of Intellectual Property carries with it many benefits; it fosters economic growth, encourages innovation, and provides the motivation for continual artistic, technological, and intellectual advancement. Artists, authors, inventors, and the like, should know their rights and the means of protecting their work.