Ethics of intellectual property, knowledge and skills The world today is situated more and more on information and information technology. Information is thought as "knowledge gained through review, communication, research, or instruction" (dictionary. com). When someone creates this knowledge using their brains, who has this information? Does indeed this intellectual information become general public domain, benefiting society, or can this information be safeguarded so that monetary gain can occur for that reason idea? Designers of new products and systems must understand different types of intellectual property in order to both protect their masterpieces and avoid infringing on the creations of others.