Intellectual Property Rights

Study Notes

Intellectual Property Rights

Cover creations of the mind, such as inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.
Also include commercial rights granted to owners of this property.
Are protected by law, allowing owners to control how others use their property.
Benefits include encouraging innovation, fostering economic growth.

Quid-Pro-Quo in IPR

"Something for something"
Refers to the exchange between the government and the inventor.
The government grants the inventor exclusive rights to their invention.
In return, the inventor discloses their invention to the public.

Patents

Can be granted for inventions that are new, inventive, and capable of industrial application.
Not granted for discoveries, scientific theories, mathematical methods, or software programs.

Geographical Indications of Goods

Refers to a sign used on products originating from a specific geographical location.
Quality and reputation of the products are linked to their origin.
Examples include "Darjeeling Tea," "Champagne"
Used to protect the products from being copied or counterfeited.

Maharaja of Air India Symbol

Protected as a trademark.
Trademarks are used to identify and distinguish goods and services.
Protect the owner's reputation and goodwill.

Literary Works Protection in India

Protected for the lifetime of the author plus 60 years.
After this, work enters the public domain and can be freely used.

Enforceable Agreements

Contracts are enforceable by law.
A contract is a legally binding agreement between two or more parties.
Provides a framework for how the parties will interact with each other.
Can be verbal or written, but written contracts are generally preferred for proof.

Not Part of Intellectual Property Rights

Not all rights fall under Intellectual Property Rights.
Examples include:
- Property Rights related to real estate
- Personal Rights like the right to privacy

Description

Test your knowledge of intellectual property rights with this MCQ quiz. Explore questions on the ethical, moral, social, and commercial value of IPR, as well as the coverage of copyrights, trade dress, patents, designs, and trademarks.