JURISPRUDENCE OF INTELLECTUAL PROPERTY RIGHTS:

INDIAN AND WESTERN JURISPRUDENCE

Before discussing the evolution or Jurisprudence of Intellectual property rights, let us first define
intellectual property rights. Intellectual property rights comprises of trademarks, trade secrets,
geographical indications, patents, industrial designs and copyright. Intellectual property refers to all
types of creations bearing commercial values that can be created by any person with the use of his or
her intellect. Intellectual property rights confers certain rights on these individuals which serve as a
means to protect these intangible creations and are a solid platform for building and extending markets
for creations, especially new technologies.

The protection of one’s creation is of great importance in today’s world, particularly when it comes to
business. If a business fails to protect its rights over its creation, other businesses are likely to replicate
them. Intellectual property is a part of the commercial world, however in ancient India the product of
human intellect was not meant for business.