(1) A type of property of great importance in today’s commercial environment is intellectual property. Intellectual property consists of the result of one’s thoughts, ideas, or inventions. It is not the thought or idea itself, but the result, such as a book or a computer chip. Intellectual property law deals with obtaining protection for one’s work, licensing others to use one’s work, and enforcing one’s rights. (2) Obtaining protection for intellectual property often includes registration with the proper government agency. Licensing one’s work involves negotiating and drafting contracts. Enforcing one’s rights often means filing a lawsuit known as an infringement action. (3) Intellectual property law includes the law that relates to copyrights, patents, trademarks, and trade secrets. This area of law has grown and developed in the technology age. However, the need for such a law was recognized by the drafters of the Constitution, who gave Congress the right to legislate “To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries.” According to the passage, what made intellectual property law grow and develop?
The word intellectual in Paragraph (1) is closest in meaning to