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Intellectual Property Rights: Prof. Venkatesh Y. Badave Mob:-9922499144
Intellectual Property Rights: Prof. Venkatesh Y. Badave Mob:-9922499144
RIGHTS
Immovable Property
Intellectual Property
What is an invention?
An invention is "the discovery or creation of a
new material (either a new manufactured product
or a new composition or matter), a new process,
a new use for an existing material, or any
improvements of any of these.“
Inventions may include:
◦ New technologies
◦ Biological materials
◦ Computer software
◦ Copyrightable materials
◦ New tools or processes developed to meet a
particular research objective
What is Creativity?
Creativity is the act of turning new and imaginative
ideas into reality. Creativity is characterized by the
ability to perceive the world in new ways, to find
hidden patterns, to make connections between
seemingly unrelated phenomena, and to generate
solutions. Creativity involves two processes:
thinking, then producing. If you have ideas, but don’t
act on them, you are imaginative but not creative.
What is Intellectual Property
Rights?
Intellectual property refers to creation of mind.
Intellectual Property Rights (IPR), very broadly, are
rights granted to creators and owners of works that are
results of human intellectual creativity. These works can
be in the industrial, scientific, literary and artistic
domains, which can be in the form of an invention,
document, a suite of software, symbols, names, images
or a business name.
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.
TYPES/TOOLs OF IPRs
Patents.
Trademarks.
Copyrights and related rights.
Geographical Indications.
Industrial Designs.
Trade Secrets.
Layout Design for Integrated Circuits.
Protection of New Plant Variety.
Importance of Intellectual Property
Rights
Intellectual Property Creates and Supports High-
Paying Jobs
Intellectual Property Drives Economic Growth and
Competitiveness
Strong and Enforced Intellectual Property Rights
Protect Consumers and Families
Intellectual Property Helps Generate Breakthrough
Solutions to Global Challenges
Intellectual Property Rights Encourage Innovation
and Reward Entrepreneurs
Importance of Protecting
Intellectual Property
1. Set your business apart from competitors
2. Be sold or licensed, providing an important
revenue stream
3. Offer customers something new and
different
4. For Marketing or Branding
5. Be used as security for loans
Patent
A patent is an exclusive right granted for an
invention, which is a product or a process that
provides a new way of doing something, or
offers a new technical solution to a problem. It
provides protection for the invention to the
owner of the patent.
CRIMINAL COURTS
BEFORE REGISTRAR
Trademarks
II. Fees
III. Sizes
Introduction.
(b) The effect of the provisions in the TRIPS Agreement that are
relevant to the exhaustion of intellectual property rights is to
leave each Member free to establish its own regime for such
exhaustion without challenge, subject to the MFN and national
treatment provisions of Articles 3 and 4.