I guess that it's more important for some countries than others. E.g. I am from the Netherlands, a really small country with almost no minerals to export or whatsoever. So to be able to still be able to make some money we sell services and a lot of knowledge. A lot of money is invested in innovation here and we sell the ideas all around the world. Conclusion: intellectual property is really important for some counties :)

Intellectual:-That means one’s power of reasoning I belong to India and I would like to tell you that Your nothing in my country without intellectual. If you don’t have a adequate level of intellectual in India then sorry friend you will get lost in the crowded country.You will be just similar to the many others having a qualified level of education but yet jobless In India when it comes to the point of intellectual property then I think it’s the only thing which will help you to survive in India,a country where the competition for life is at its heights. Some 54% of India’s 1.2 billion people are under the age of 25. The Team Lease Indian Labor Report 2009 estimates that 300 million will enter the labor force by 2025, and by then, 25% of the world’s workers will be Indians.Thus if you want to have a better life just a luxurious life then you should have a good intellectual. In our country you will find many Knowledgeable people but one who is intellectually good is the only person that will stand apart in a crowded country like India. One who is able to reason things and develop logic behind the concepts will only have the power to sustain and live a luxirous life in India. My dear friend hope you get what I want to say....It was a pleasure answering that.

All knowledge is the result of mental ( the intellectual ) activity, and in this sense it is an intellectual product. In the most general representation of intellectual work is esttrud having creative nature with a predominance of mental energy costs associated with the processing of information and the creation of new knowledge. In Russia, the most widely used intellectual work in areas such as science and research, education, governance, health, culture and art, as well as high-tech industries. Note. Products mental and physical labor from China are very popular in Russia. I say hello to the Chinese students in Moscow. Olga