Intellectual Property Rights

Intellectual Property Rights Presented by: Isha Dawar

Introduction 

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Intellectual Property is a legal field that refers to creation of mind such as literary, musical and artistic work; inventions and symbols, names, images and designs used in commerce, including copyrights, trademarks, patents and related rights. Intellectual property rights are rights given to persons over creations of

Purpose 

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Intellectual property rights give creators exclusive rights to their creations, thereby providing an incentive for the author or inventor to develop and share the information rather than keep it secret. The legal protections granted by IP laws are credited with significant contributions toward economic growth.

Two areas 

One area covered as protection of distinctive signs in particular trademarks

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Other type of industrial property is protected

Trips 

The agreement on trips is an international treaty administered by wto which sets down minimum standard for most forms of IP regulation with in all members countries of wto.

Trips deals with:      

Copy rights Patents Trademarks Geographical indications Industrial designs Trips also specifies enforcement procedures,remidies,dispute procedures