Take the following as truth: Information is the resource-extractive industry of the next century, and the concept of intellectual property --a term that dates back 150 years--comes up when individuals or companies assert a particular claim and embody it in the form of copyrights, trademarks, and patents.
Then the following statement: "The idea and term of intellectual property has been around for a while." is true, false, or inconclusive?
Answer: True