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 (GI)

Protects: Products originating from a specific region with unique qualities.

Duration: 10 years (renewable).

Example: Darjeeling tea, Banarasi saree, Assam tea.


6. Trade Secret

Protects: Confidential business information giving a competitive edge.

Duration: Unlimited (as long as it's secret).

Example: Coca-Cola formula, Google's search algorithm.


7. Plant Variety Protection (PVP)

Protects: New plant varieties developed by breeders.

Duration: 15–18 years depending on the type.

Example: A new disease-resistant rice variety.



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