Importance of Intellectual Property Rights

Open Access

Year : 2021 | Volume : | Issue : 2 | Page : 16-22
By

    Dhaval Chudasama

  1. Assistant Professor, Indrashil University, Mehsana, Gujarat, India

Abstract

The intellectual property rights (IPR) are intangible in nature and gives exclusive rights to inventor or creator for their valuable invention or creation. In present scenario of globalization, IPR is the focal point in global trade practices and livelihood across the world. These rights boost the innovative environment by giving recognition and economic benefits to creator or inventor whereas the lack of IPR awareness and its ineffective implementation may hamper the economic, technical and societal developments of nation. Hence dissemination of IPR knowledge and its appropriate implementation is utmost requirement for any nation. The present paper highlights various terms of IPR such as patents, trademarks, industrial designs, geographic indications, copyright, etc. with their corresponding rules, regulations, their need and role especially pertaining to Indian context. Further, status of India’s participation in IPR related activities across the world has been discussed in brief.

Keywords: Intellectual property rights, WIPO, patents, trademarks, industrial designs, layout design of semiconductor integrated circuit, geographic indications, copyright and related rights

[This article belongs to Journal of Intellectual Property rights Law(jiprl)]

How to cite this article: Dhaval Chudasama Importance of Intellectual Property Rights jiprl 2021; 4:16-22
How to cite this URL: Dhaval Chudasama Importance of Intellectual Property Rights jiprl 2021 {cited 2021 Dec 30};4:16-22. Available from: https://journals.stmjournals.com/jiprl/article=2021/view=90628

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Regular Issue Open Access Article
Volume 4
Issue 2
Received June 25, 2021
Accepted October 21, 2021
Published December 30, 2021