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Showing posts from April, 2024

IP| Patents | B2

 . Blog 2:      Patents   Patents   were   one   of   the   first   types   of intellectual   property   to be recognized in modern legal systems. By patenting an invention, the patent owner gets exclusive rights over it, meaning that he or she can stop anyone from using, making or selling the invention without permission. The patent lasts for a limited period of time, generally 20 years. In return, the patent owner has to disclose full details of the invention in the published patent documents. Once the period of protection has come to an end, the invention becomes off patent, meaning anyone is free to make, sell or use it. In this way, the patent system aims to benefit everyone:         ·          Firms and inventors can maximize profits from their inventions during the patent protection period. ·         ...

Intellectual property rights (IP) | B1

. Blog 1 : In this we will be discussing on what is Intellectual property (IP) rights? why does IP matters ? different category of IP. What are intellectual property rights? Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time. IP covers a vast range of activities, and plays an important role in both cultural and economic life. This importance is recognized by various laws which protect intellectual property rights. IP law is complicated: there are different laws relating to different types of IP, and different national laws in different countries and regions of the world as well as international law.   Here we discuss the main types of IP and explains how the law protects them. It also introduces the work of the World Intellectual Property Organization (WIPO), the United Nations agency dedicated to making IP w...