IPR Services
Intellectual property (IP) is a property that arises from human intelligence and a product created by humans. The term Intellectual property referring to a brand, invention, design or another kind of invention/creation, which a person or any entity has legal rights over. Intellectual property rights are transparent and all rights associated with intangible assets owned by a person or company and protected against use without consent. Intangible assets refer to non-physical property, including right of ownership in intellectual property.
Examples of intellectual property rights include:
- Patents
- Domain names
- Industrial design
- Confidential information
- Inventions
- Moral rights
- Database rights
- Works of authorship
- Service marks
- Logos
- Trademarks
- Design rights
- Business or trade names
- Commercial secrets
- Computer software
Types of Intellectual Property: – There are 4 main types of intellectual property rights, including patents, trademarks, copyrights, and trade secrets. Owners of intellectual property frequently use more than one of these types of intellectual property law to protect the same intangible assets. For instance, trademark law protects a product’s name, whereas copyright law covers its tagline.
- Patents
The three types of patents consist of:
- Design patents:Protection for the aesthetics of a device or invention. Ornamental design patents include a product’s shape, emojis, fonts, or any other distinct visual traits.
- Plant patents:Safeguards for new varieties of plants. An example of a plant patent is pest-free versions of fruit trees. But inventors may also want a design patent if the tree has unique visual properties.
- Utility patents:Protection for a product that serves a practical purpose and is useful. IP Patent examples include vehicle safety systems, software, and pharmaceuticals. This was the first, and is still the largest, area of patent law.
- Trademarks
Trademarks protect logos, sounds, words, colours, or symbols used by a company to distinguish its service or product. Examples are: L&T, TATA, Adani Wilmar, Reliance, BYJU’s, OYO, Havells, Godrej, LG, Samsung, HP, Dell, Apple and many more… Although patents protect one product, trademarks may cover a group of products. The Trademark Act governs trademarks, infringement, and service marks.
- Copyrights
Copyright law protects the rights of the original creator of original works of intellectual property. Unlike patents, copyrights must be tangible. For instance, you can’t copyright an idea. But you can write down an original speech, poem, or song and get a copyright. Once someone creates an original work of authorship (OWA), the author automatically owns the copyright. But, registering with the IPR Services (Govt. of India) gives owners a head-start in the legal system.
- Trade Secrets
Trade secrets are a company’s intellectual property that isn’t public, has economic value, and carries information. They may be a formula, recipe, or process used to gain a competitive advantage. To qualify as a trade secret, companies must work to protect proprietary information actively. Once the information is public knowledge, then it’s no longer protected under trade secrets laws. Examples include the recipe for Coca-Cola and Google’s search algorithm. Although a patent is public, trade secrets remain unavailable to anyone but the owner.
