Intellectual Property Rights (IPR)

 Intellectual Property Rights are legal rights, which result from intellectual activity in industrial, scientific, literary & artistic fields. These rights Safeguard creators and other producers of intellectual goods & services by granting them certain time-limited rights to control their use. Protected IP rights like other property can be a matter of trade, which can be owned, sold or bought. These are intangible and non exhausted consumption.

Types/Tools of IPR

° Patents ° Trademarks ° Copyrights and related rights ° Geographical Indications ° Industrial Designs ° Trade Secrets ° Layout Design for Integrated Circuits ° Protection of New Plant Variety