IPR
About Intellectual Property Rights (IPR):
Intellectual property rights (IPR) refer to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time. These legal rights confer an exclusive right to the inventor/creator or his assignee to fully utilize his invention/creation for a given period of time. The laws and administrative procedures relating to IPR have their roots in Europe. The trend of granting patents started in the fourteenth century. England was technologically advanced and used to attract artisans from elsewhere, on special terms. The first known copyrights appeared in Italy. Venice can be considered the cradle of IP system as most legal thinking in this area was done here; laws and systems were made here for the first time in the world, and other countries followed in due course. Patent act in India is more than 150 years old. The inaugural one is the 1856 Act, which is based on the British patent system and it has provided the patent term of 14 years followed by numerous acts and amendments.
Types of Intellectual Properties and their Description
Originally, only patent, trademarks, and industrial designs were protected as ‘Industrial Property’, but now the term ‘Intellectual Property’ has a much wider meaning. IPR enhances technology advancement in the following ways: IP protection can be sought for a variety of intellectual efforts including
AIMS and OBJECTIVES of IPR
The aim is to clarify laws of IPR and understand the procedures. The objectives of intellectual property refer to the purposes of protection granted to creators of innovative intellectual creations. To create awareness about the benefits of Intellectual property among all sections of society. In the internet age, IP rights are vital to the success of a business or brand. There are laws that protect owners of IP, mostly in the form of patents, copyrights, and trademarks.