Which Intellectual Property is created as a result of invention of a new product?

Patent

The correct answer is Option (3) → Patent

A patent grants the inventor exclusive rights to the invention for a certain period, typically 20 years, allowing them to prevent others from making, using, or selling the invention without permission. This protection encourages innovation by ensuring that inventors can benefit from their creations.

The other options do not apply as follows:

• Trademark protects brand names, logos, and symbols that distinguish goods or services.
• Copyright protects original works of authorship, such as literature, music, and art.
• Geographical Indications identify products as originating from a specific place, where a given quality, reputation, or characteristic is essentially attributable to that location.