Intellectual Property Rights

by Megha Gaba

LL.B. (3 Years Course; Semester-1)Bharati Vidyapeeth Deemed University

Intellectual property • Copyright• Industrial Properties• Trademark• Patent• Industrial designs • Geographical Indications• So on and so forth

IP as intangible property• Tangible property• Land, building,car• Intangible property• Intangible wealth, easily appropriated and

reproduced, once created the marginal cost of reproduction is negligible

• Secret Trade

The role of IP as intangible property

• 1. Economic rights of creators • 2.Commercial exploitation of owner of IP• 3.Capital expenditure • 4.Transfer of technology • 5.Cultural development• 6 Tax Benefits • 7 Promotion of International Trade

Conclusion

Innovation is not the same as invention. Innovation is a process, which begins from the conception of an idea to the launching of a new product/process in the market place.

Thank You By

Megha Gaba Roll No. 79LL.B. (3 years Course- Semester 2nd) Bharati Vidyapeeth Deemed University