What is
Intellectual Property?
All
that what is produced or originated by the human skill, intelligence, labour
and efforts are called the intellectual property. The term ‘intellectual
property’ is used to refer the copyrights, trademarks, patents, industrial
designs and confidential information. It is a
creation of the intellect that has commercial value, including copyrighted
property such as literary or artistic works, and ideational property, such as
patents. In other words it is a property in the form of patents, trademarks,
service marks, trade names, trade secrets, and copyrights. The main areas of
intellectual property laws are:
a.
Trademarks: Trademark is a sign, or symbol which is used by a person to
distinguish his goods or articles from the goods or articles of others and to
identify his goods amongst other similar goods. It has been recognized as a
very valuable form of intellectual property, because it associates with quality
and consumer protection in a product or service. It is a
mark capable of being represented graphically and which is capable of
distinguishing the goods or services of one person from those of others and may
include shape of goods, their packaging and combination of colours;
b.
Copyrights: Copyright is a right which grants exclusive right to do or
authorize others to do
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