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Transcript of Ipr importance
Intellectual Property Rights
by Megha Gaba
LL.B. (3 Years Course; Semester-1)Bharati Vidyapeeth Deemed University
Intellectual property • Copyright• Industrial Properties• Trademark• Patent• Industrial designs • Geographical Indications• So on and so forth
IP as intangible property• Tangible property• Land, building,car• Intangible property• Intangible wealth, easily appropriated and
reproduced, once created the marginal cost of reproduction is negligible
• Secret Trade
The role of IP as intangible property
• 1. Economic rights of creators • 2.Commercial exploitation of owner of IP• 3.Capital expenditure • 4.Transfer of technology • 5.Cultural development• 6 Tax Benefits • 7 Promotion of International Trade
Conclusion
Innovation is not the same as invention. Innovation is a process, which begins from the conception of an idea to the launching of a new product/process in the market place.
Thank You By
Megha Gaba Roll No. 79LL.B. (3 years Course- Semester 2nd) Bharati Vidyapeeth Deemed University