Ipr importance
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Transcript of Ipr importance
![Page 1: Ipr importance](https://reader035.fdocuments.in/reader035/viewer/2022062412/589980df1a28abb97c8b52ad/html5/thumbnails/1.jpg)
Intellectual Property Rights
by Megha Gaba
LL.B. (3 Years Course; Semester-1)Bharati Vidyapeeth Deemed University
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Intellectual property • Copyright• Industrial Properties• Trademark• Patent• Industrial designs • Geographical Indications• So on and so forth
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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
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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
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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