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Yep, I.P. is basically a legal construct that came into being when a lawyer was trying to convince a jury that his client had a right that had never been recognized before. The use of the phrase wasn't popularized until around 40 to 50 years ago, once again it was lawyers trying to push the envelope in getting juries to award their clients more and more rights to ideas, which had never been recognized as property before. Copyright and patents are not property per se, they are simply rights that were written into the Constitution which gives the holder a limited monopoly to copy works or a machine. Both rights have been stretched beyond belief over the last 40+ years.
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