Intellectual property is real. Try stealing some IP from Apple and see what happens -- something real will happen. IP is as real as any other legal construct,

Intellectual property is real. Try stealing some IP from Apple and see what happens -- something real will happen. IP is as real as any other legal construct, such as, contract rights. The term intellectual property is a term of art that just happens to model some of the analogues that exist between intellectual property, real property, and personal property.