Intellectual Property Rights
Intellectual Property Rights (IPR) are legal rights that protect creations of the mind. These rights allow creators to benefit from their own work or investment in a creation. Types of IPR: 1. Copyright Protects: Literary, artistic, and musical works (books, films, music, paintings, software). Duration: Lifetime of the author + 60 years (in India). Example: A song, a novel, a movie script, or software code. 2. Trademark Protects: Symbols, logos, words, phrases that distinguish goods/services. Duration: 10 years (renewable indefinitely). Example: Nike logo, McDonald's slogan "I'm Lovin' It". 3. Patent Protects: Inventions and technological processes. Duration: 20 years from the filing date. Example: A new drug formula, a unique engine design. 4. Industrial Design Protects: Aesthetic or ornamental aspects of an article. Duration: 10 years (extendable by 5 years in India). Example: Shape of a Coca-Cola bottle, a smartphone's design. 5. Geographical Indication ...
