A SORT OF INTELLECTUAL PROPERTY RIGHTS Authors: M.Arunkumar* And K.Kathiresan
ABSTRACT
IPR is defined as ideas, discoveries, or inventions on the basis of which there is a
general preference for granting property status. The IPR allows inventors to derive
commercial benefits from their creative inventions or reputations. In addition to patents and
copyrights, trademarks and trade secrets are also examples of intellectual property rights.
Patents recognize inventions that meet the criteria of global innovation, transparency, and
commercial potential. It is essential to protect intellectual property in order to identify, plan,
commercialize, deliver and, thus, ensure innovation or creativity. The first aim of IPR is to
encourage a wide variety of creations. Usually, the law gives the creator or inventor the right
to protect their creation or invention for a limited period of time. This earns substantial
income for a creator for their creation by licensing of their invention through IPR.
Keywords: Intellectual Property Rights (IPR), Patent, Trademark, Copyrights, Trade secret Publication date: 01/08/2023 https://ijbpas.com/pdf/2023/August/MS_IJBPAS_2023_7334.pdfDownload PDFhttps://doi.org/10.31032/IJBPAS/2023/12.8.7334
