It is believed that the conception of intellectual property originated from the early Jewish law. Later on, it became an item of public interest after the French Revolution when Benjamin Constant, a French liberal theorist, opposed the idea of ‘property’ referred to as ‘intellectual.’ The concept gained more publicity during the famous Massachusetts Circuit Court ruling in 1845, which involved a patent case of Davoll et al. versus Brown. However, the concept of intellectual property became official in 1967, through the establishment of the World Intellectual Property Organization (WIPO). The concept became even more popular in 1980 following the ratification of the Bayh-Dole Act. Alongside WIPO, various organizations and treaties all over the world have the mandate to agree on, define, and enforce intellectual property right