Does the ordinary individual need a license for intellectual property rights, please?

will you be ripped off if you do not have a license for intellectual property rights? i only mean this question for individuals who may need this license, not for large corporations or other types of people who would actually know that they needed an intellectual properties rights license. and if they do need one what kind of company would be issuing the licenses for it?What kind of terms are included in such a license?And any other pertinent information you can provide about this subject (i.e. cost). thank you

If you are an ordinary individual, you buy an intellectual property license every time you buy a CD, rent a movie, buy a movie, go to a movie, etc.

You're not being sold the movie. You're being sold a license to view the movie.

The concept of a formal "license" isn't important here. It's that the creator or owner of the intellectual property is licensing you to use it if you compensate them for it.

Yes. see a lawyer. Ignorance of the law is never an excuse (Oh, I'm sorry your honor, I didn't KNOW I had to have a license so I should have rights to this intellectual property even though I didn't claim it legally...)

c'mon now.

Sounds more like you are talking about a copyright. Do a google search for a huge amount of info on the topic.

There is NO 'paper license' for intellectual property rights.' That is 'just a concept' that is stated that way because occasionally a person or corporations 'itellectual rights' are infringed upon. When Starbucks, a company that sells coffee, feels that their 'rights' are being abrogated by a company called Starrbucks Coffee, for example, or Sharbucks Coffee, or even Starbucks Shoes, they can file suit, and win IF THEY CAN PROVE that their 'name' came first, and the persons who nameds the second company used a 'close name' to 'pick up customers' who are 'accustomed to the high quality' of the Starbucks company. That is 'intellectual rights' and you DO NOT NEED A LICENSE ON PAPER ... just 'good hard copy files' with dates of your 'intellectual property' ...

Absolutely. Anyone that has ideas, intellectual property, that they wish to protect must file for patent rights. After patent rights are granted others can seek licensing rights to use the idea/technology -- for which they would have to pay. The cost for having something patented varies. You can do it yourself, but the patent process is rather complicated. I recommend you visit the USPTO website.
http://www.uspto.gov/

Can you give us more detail on what type of intellectual property you're talking about? Does it involve physical invention, a trademark or something that would be covered by a copyright (such as the contents of a book, CD or movie)?