INTELLECTUAL

PROPERTY
RIGHTS
BY-
AHIBA KHAN- IUU17MBA226
AMAN AGGARWAL- IUU17MBA156
NIKHIL CHAUDHARY- IUU17MBA139
HEMLATA CHAND- IUU17MBA227
INTELLECTUAL PROPERTY RIGHTS
• Intellectual property (IP) refers to creations
of the mind, such as inventions; literary and
artistic works; designs; and symbols, names
and images used in commerce.
• Intellectual property rights (IPRs) are the
rights granted to the creators of intellectual
property, and
include trademarks, copyright, patents, indus
trial design rights, and in some
jurisdictions trade secrets.
• Artistic works including music and literature,
as well as discoveries, inventions, words,
phrases, symbols, and designs can all be
protected as intellectual property.
 IMPORTANCE
1. Save business from competitors.
2. Sold or licensed IP, providing an important revenue stream.
3. Offer customers something new and different.
4. It forms an essential part of your marketing and brand.
5. Used as security for loans.
OBJECTIVES
• 1. To create public awareness about the benefits of Intellectual
property among all sections of society.
• 2. To stimulate the creation and growth of intellectual property by
undertaking relevant measures.
• 3. To have strong and effective laws with regard to IP rights,
consistent with international obligations.
• 4. To modernize and strengthen IP administration.
• 5. To catalyze commercialization of IP rights.
• 6. To strengthen the enforcement and adjudicatory mechanisms
for combating IP violations and to promote awareness and respect
for IP rights.
• 7. Capacity development by strengthening and expanding human
resources, institutions for training, research and skill building in IP.
INDUSTRIAL PROPERTY RIGHTS
The right to prevent others from
• Using
• Manufacturing
• Distributing
a. Products
b. Process
c. Applications
d. Trade names
e. Geographical names
f. Ideas
g. designs
INTELLECTUAL PROPERTY RIGHTS
• PATENTS
• COPYRIGHTS
• INDUSTRIAL DESIGN
RIGHTS
• PLANT VARIETIES
• TRADE MARKS
• TRADE DRESS
• TRADE SECRETS
PATENT

• The word patent originates from

the Latin ’patere’, which means "to lay
open"
• In modern usage, the
term patent usually refers to the right
granted to anyone who invents any
new, useful and non-obvious process,
machine, article of manufacture, or
composition of matter.
• The duration of patent is 20 years and
non renewable.
COPY RIGHTS
• A copyright extends protection
to authors, composer, articles
and related to the form of
expression rather than the A copyright symbol used in
subject matter. copyright notice
• The duration of a
copyright spans the author's
life plus 50 to 100 years
• Sound recording
• Musical work
• Artistic work
• Cinema graph film
INDUSTRIAL DESIGN RIGHTS
• Industrial design are
protected for a period of
10 years.
• Owners of protected
design would able to
prevent the
manufacture, sale or
importation of articles
bearing or embodying a
design which is a copy of
the protected design for
commercial purpose.
PLANT VARIETIES
• Plant variety is a legal term, following the International
Union for the Protection of New Varieties of Plants (UPOV)
Convention. Recognition of a cultivated plant (a cultivar) as a
"variety" in this particular sense provides its breeder with
some legal protection, so-called plant breeders' rights
TRADE MARK
• A trademark is a
recognizable sign, design,
or expression which
identifies products or services of a The registered trade mark logo.
particular source from those of
others.
• The trademark owner can be an
individual, business organization,
or any legal entity. A trademark
may be located on a package,
a label, a voucher, or on the product
itself. For the sake of corporate
identity, trademarks are often
displayed on company buildings.
TRADE MARK
• Name
• Logotype
• Symbol
• Slogan
• Shape
• color
DURATION- 6 to 10 years and it can be renewable.
TRADE DRESS
Trade dress is a legal term of art that generally refers to
characteristics of the visual appearance of a product or its
packaging (or even the design of a building) that signify the
source of the product to consumers. Trade dress is a form of
intellectual property.
TRADE SECRETS
• A trade secret is a formula, practice, process, design,
instrument, pattern, commercial method, or compilation of
information not generally known or reasonably
ascertainable by others by which a business can obtain an
economic advantage over competitors or customers.
DURATION OF PROTECTION
Rights Years Renewable
Patents 20-26 NO
Trade marks 6-10 YES
Designs 6-10 YES
Copyrights 70 NO