Description
Intellectual property (IP) is a legal concept which refers to creations of the mind for which exclusive rights are recognized.[1] Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs.
Meaning
? For the development of trade Industry and commerce ,
business or possession and utilization of the property is essential. ? Intellectual Property of every kind is an the nature of intangible or Incorporeal property. This type of property will not have physical existence. These are an Intangible assets. ? Music , Poem, Movies, Scientific inventions, technical innovations, computer designs, Software, trademarks, Brand names, Novel design , goodwill, patents. In short Recognition and protection of Intellectual Property have became essential to human creativity and there by mankind.
Trade related Intellectual Property.
? With effect establishment of WTO (World Trade
Org)effect from 01/01/1995. the potential knowledge as creator of wealth is gaining currency through out the world. Hence created knowledge needs protection of Laws, to generate wealth in all the countries. This has resulted inclusion of intellectual property right in the form of “TRADE RELATED ASPECTS OF INTELLECTUAL PROPERTY “(TRIPS) under WTO, who have covered following seven categories. ? 1. Patents 4) Geographical indications ? 2 Copy rights 5) Industry designs ? 3. Trade marks 6) Integrated circuits 7)Trade Secrets
doc_630756915.pptx
Intellectual property (IP) is a legal concept which refers to creations of the mind for which exclusive rights are recognized.[1] Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs.
Meaning
? For the development of trade Industry and commerce ,
business or possession and utilization of the property is essential. ? Intellectual Property of every kind is an the nature of intangible or Incorporeal property. This type of property will not have physical existence. These are an Intangible assets. ? Music , Poem, Movies, Scientific inventions, technical innovations, computer designs, Software, trademarks, Brand names, Novel design , goodwill, patents. In short Recognition and protection of Intellectual Property have became essential to human creativity and there by mankind.
Trade related Intellectual Property.
? With effect establishment of WTO (World Trade
Org)effect from 01/01/1995. the potential knowledge as creator of wealth is gaining currency through out the world. Hence created knowledge needs protection of Laws, to generate wealth in all the countries. This has resulted inclusion of intellectual property right in the form of “TRADE RELATED ASPECTS OF INTELLECTUAL PROPERTY “(TRIPS) under WTO, who have covered following seven categories. ? 1. Patents 4) Geographical indications ? 2 Copy rights 5) Industry designs ? 3. Trade marks 6) Integrated circuits 7)Trade Secrets
doc_630756915.pptx