INTELLECTUAL PROPERTY RIGHTS AND PATENTS

INTELLECTUAL PROPERTY

Creation of minds like inventions , literary works etc.

IP is protected in law by which enable people to ear recognition or financial benefits from what they invent or create.

Objectives of this act include - Financial incentives - Economic growth - Morality Reasons to why IP was introduced are

infringement, misappropriation and enforcement.

TRIPS

International agreement agreed by WTO. TRIPS requires member states to provide

strong protection for intellectual property rights.

Why do we need TRIPS? 1) Access to essential medicines 2) Software and Business method patents

TRADE

RELATED ASPECTS OF

INTELLECTUAL

PROPERTY

RIGHTS

PATENTS

Set of exclusive rights granted to the inventor for a limited period of time in exchange for the detailed disclosure of that particular invention.

A patent provides the right to exclude others from making, selling, offering for sale or importing the patent invention.

REGISTRATION FOR PATENT

THANK YOU