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    What is Intellectual Property?

    Now a days protection of Intellectual Property Rights (IPR) has become an important and

    powerful tool for development of trade and commerce of a country. Intellectual Property

    is the creation of mind which add commercial value to the product. IPR may be of two

    categories, (1) Industrial Property and () !opy Right. Industrial Property includes

    Patents for inventions, Industrial designs, "rademar#s, $ervice %ar#s, &tility model,

    'eographical indications, ayout design of integrated circuit and "rade $ecret. !opy

    Right includes literary wor#s such as novels, poems and plays, films, musical wor#s,

    artistic wor#s such as drawings, paintings, photographs and sculptures and architectura

    designs.

    What is Trade Marks?

    trademar# is a sign capable of distinguishing the goods or services produced or

    provided by one enterprise from those of other enterprises.

    *enefit derived from "rademar#s

    "rademar#s+

    ensure that consumers can distinguish between products

    enable companies to differentiate their products

    are a mar#eting tool and the basis for building a brand image and reputation

    may be licensed to provide a direct source of revenue through royalties

    are a crucial component of franchising agreement

    may be a valuable business asset

    encourage companies to invest in maintaining or improving product -uality

    may be useful for obtaining financing.

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    What is Design?

    n industrial design, in general items, is the ornamental or aesthetic aspects of a useful

    article. "his aspect may depend on the shape, pattern or color of the article. "he design

    must have visual appeal and perform its intended function efficiently. %oreover, it must

    be able to be reproduced by industrial means this is the essential purpose of the design,

    and is why the design is called industrial.

    In a legal sense, industrial design refers to the right granted in many countries, pursuant

    to a registration system, to protect the original, ornamental and nonfunctional features

    of a product that result from design activity.

    Patents:

    %ost laws dealing with the protection of inventions do not actually define the notion of

    an invention. number of countries, however, define inventions as new solutions to

    technical problems. "he problem may be old or new, but the solution, in order to meritthe name of invention, must be a new one. %erely discovering something that already

    e/ists in nature, such as a previously un#nown plant variety, is not an invention. 0uman

    intervention must be added. $o the process for e/traction of new substance from a plant

    may be an invention. n invention is not necessarily a comple/ item. "he safety pin was

    an invention which solved an e/isting technical2 problem. New solutions are, in essence,

    ideas, and are protected as such. "hus protection of inventions under patent law does

    not re-uire that the invention be represented in physical embodiment.

    Utility Model:

    3hile not as widespread as patents, utility models are also used to protect inventions.

    &tility models are found in the laws of more than 45 countries, as well as in the regiona

    agreements of the frican Regional Industrial Property 6rgani7ation (RIP6) and the

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    6rgani7ation africaine de la propriete intellectualle2 (6PI). In addition, some countries,

    such as ustralia and %alaysia, provide for titles of protection called innovations

    patentsor utility innovations, which are similar to utility models. 6ther countries, li#e

    0ong 8ong, Ireland and $lovenia, have a shortterm patent that is e-uivalent to the

    utility models.

    Geographical Indications:

    geographical indication is a sign used on goods that have a specific geographical origin

    and possess -ualities or a reputation that are due to that place of origin.

    gricultural products typically have -ualities that derive from their place of prodcution

    and are influence by specific local factors, such as climate and soil.

    "he use of geographical indications is not limited to agricultural products. "hey may also

    highlight particular -ualities of a product, which are due to human factors found in the

    place of origin of the products, such as specific manufacturing s#ills and traditions.

    Copyrights:

    !opyright relates to artistic creations, such as poems, novels, music, paintings, and

    cinematographic wor#s. In most 9uropean languages other than 9nglish, copyright is

    #nown author:s rights. "he e/pression copyright refers to the main act which, in respect

    of literary and artistic creations, may be made only by the author or with his

    authori7ation. "hat act is the ma#ing of copies of the literary or artistic wor#, such as

    boo#, a painting, a sculpture, a photograph, or is the creator of the artistic wor#, its

    author:s, thus underlining the fact, recogni7ed in most laws, that the author has certain

    specific rights in his creation, such as the right to prevent a distorted reproduction, which

    only he can e/ercise, whereas other rights, such as the ritgh to ma#e copies, can be

    e/ercised by other persons, for e/ample, a publisher who has obtained a license to this

    effect from the author.