On the assumption of the fact that the notion of intellectual property cannot be entirely identi ed with the intellectual property law or protection since there is a distinctive essentiality thereof, we made an attempt to encourage the thesis on inadmissibility of the social-economic approach to the intellectual property exclusively as a totality of IPO rights. According to our opinion, the reference point in the approach and social-economic examination of the intellectual property constitutes the products of human creativity, the speci c character thereof as intangible assets and only then the protection, as an immanent condition of ef cient elaboration and utilization thereof.