1
Intellectual Property (IP) refers to products of the human mind, such as inventions, literary and artistic works, symbols, names, and images used in commerce.
2
Intellectual Property Rights (IPR) grant creators exclusive rights over the use of their creations for a specified period, enabling them to earn recognition and financial benefits.
3
Key legal frameworks in India include the Copyright Act 1957, Trademark Act 1999, and the Patents (Amendment) Act 2005.
4
Copyright protects original literary, dramatic, musical, and artistic works, generally lasting for 60 years following the death of the author in India.
5
A trademark is a legally protected brand name, logo, or symbol (represented by TM or ®) that distinguishes goods from competitors.
6
A patent protects new, non-obvious, and industrially applicable inventions for a period of 20 years, granting the right to exclude others from making or selling the invention.