Intellectual Property Services: Protection and ownership of intellectual property (IP) is extremely important, since it gives the owner the exclusive right to prevent third parties from unauthorised use or exploitation of its IP.
 

In other words, in the same way, you can own a piece of land and prevent other people from using it, building on it etc, in the same way, you can own the copyright in a book or software and prevent unauthorised use or grant licences for its use upon payment to you of royalties.