Introduction to Intellectual Property Rights
Individuals who are the proprietors and inventors of a work who have developed something with their intellectual creativity are granted intellectual property rights, which are legal rights. Individuals involved in literature, music, innovation, and so on can be given such rights, which they can then employ in their commercial activities.
Exclusive rights are granted to the creator/inventor against any abuse or exploitation of their work without permission. However, to maintain equilibrium, the rights are only provided quickly.
The WIPO(World Intellectual Property Organization) has compiled a list of activities that are protected by intellectual property rights.
- Industrial layouts
- Scientific breakthroughs
- Protection from unjustified competition
- Works of literature, art, and science
- Inventions in every sector of human activity
- Performing artists' performances, phonograms, and broadcasts
- Trademarks, service marks, commercial names, and designations are all examples of trademarks.
- All other intellectual property rights arising from industrial, scientific, literary, or creative activity
Types Of Intellectual Property Rights
To preserve intellectual property rights on Indian soil, India has established constitutional, administrative, and judicial frameworks, whether they refer to copyright, patents, trademarks, industrial designs, or any other aspect of intellectual property rights.
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Copyright
The legal rights that writers and artists enjoy over their literary and creative works are copyright. Copyright protects books, music, art, sculpture, films, computer programs, databases, advertisements, maps, and technical drawings.
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Patent
A patent, an exclusive right granted to the creator, protects an innovation. A patent gives the patent owner the authority to decide how others can use their invention. In exchange for making technical information about the invention publicly available in the published patent document, the patent owner gives up this right.
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Trademark
A trademark is a symbol that distinguishes a company's goods or services from those of other companies. Trademarks date back to old times when artists sign their wares with their signature or "mark."
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Industrial Designs
An industrial design is the decorative or aesthetic component of a product. A design can be three-dimensional elements like an article's shape or surface or two-dimensional elements like patterns, lines, or colour.
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Geographical Designs
Geographical indications and appellations of origin are labels applied to products that have a specific geographical origin and have characteristics, a reputation, or characteristics that are mostly related to that area. A geographical indicator generally includes the name of the place where the products were made.
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Trade Secrets
Trade secrets are intellectual property rights in sensitive knowledge that may be sold or licensed. Unauthorized acquisition, use, or disclosure of such secret information by others in a way inconsistent with ethical business standards is deemed an unfair practice and a violation of trade secret protection.