Demystifying Intellectual Property Rights in India: What You Need to Know

Authors

Dr. D B Ravikumar

Abstract

Intellectual property rights (IPR) are inherently intangible and grant exclusive privileges to inventors or creators for their significant inventions or creations. In today's globalized environment, IPR has become a central element in international trade practices and livelihoods worldwide. These rights foster an innovative atmosphere by providing recognition and economic advantages to creators and inventors. Conversely, a lack of awareness regarding IPR and its poor enforcement can hinder a nation's economic, technological, and social progress. Therefore, the dissemination of knowledge about IPR and its effective implementation is essential for any country. This paper examines various aspects of IPR, including patents, trademarks, industrial designs, geographical indications, and copyright, along with their associated rules and regulations, emphasizing their necessity and role, particularly in the Indian context. Additionally, a brief overview of India's involvement in global IPR activities is provided.

Keywords

IPR, Property, Human rights, Exclusive privileges, Law, Legal rights, Intellectual property

Demystifying Intellectual Property Rights in India: What You Need to Know. Dr. D B Ravikumar. 2020. IJIRCT, Volume 6, Issue 4. Pages 152-158. https://www.ijirct.org/viewPaper.php?paperId=2503018