European Journal of Biomedical and Pharmaceutical Sciences

INTELLECTUAL PROPERTY RIGHTS

Arumugam Meena*, Boobalan Prathap, Balasubramaniyan Ayyappan, Mohan Gokul, Ravichandran Radha, Govindhan Sabitha, Kathar Moideen Mohammed Fayaz

ABSTRACT

Intellectual property rights (IPR) have been defined as ideas, invention, and creation expressions based on which there is a public willingness to bestow the status of property. IPR provide certain exclusive rights to the inventors or creators of that property, in order to enable them to recap commercial benefits from the creative efforts or reputation. There are several types of intellectual property protection like patent, copyrights, trademark, etc. Patent is recognition for an invention, which satisfies the criteria of global novelty, non-obviousness, and industrial application. IPRS are generally involve the basic principle WIPO, WTO and basic principle areas of GATT, GATS, GATRIPR, TRIPS, IPRS major property explain the patent, copyrights, trade mark, industrial design, trade secret, geographical indication, licensing and franchising. IPRS in providing incentives to discover. In this article we are providing the information about IPR.

Keywords: IPRS, Patent, Copy Rights, Trademark, Trade Secret, Licensing, Franchising.