Intellectual property rights are similar to the property rights but are provided for the intangible items like art, literature or nay similar inventions which can be copied easily.
Copyrights, trademarks, patents, industrial design rights, trade dress and some trade secrets and jurisdictions are part of the intellectual property rights.
Concept of the intellectual property rights have risen due to numerous reasons but the major ones being the sharing in internet.
Every country has their own intellectual property rights and they are unique in their origin. There is no compulsion that one country rights have to be similar to the other country rights.
To know more about the intellectual property rights and their limitations here is an infograph to help you.