An Introduction to Intellectual Property Rights

Intellectual Property is a subject of recent origin. We own houses, jewels, shares, money in the form of cash etc. These are the things we know as ’Properties’. These are tangible assets. We enjoy them as we own them. Unless and until we offer them to somebody else, these things which we own cannot be taken away and enjoyed by others. ’Intellectual Property’, on the other hand, refers to the ownership of intangible and non-physical goods. It results from the expression of an idea. It is the property of your mind or a proprietary knowledge. Since it is the property of your mind, the moment it is divulged, the benefits arising from these ideas can be enjoyed by others.The concept of Intellectual property, therefore, provides that certain products of human intellect should be given the same protective rights that apply to physical properties. This is known as Intellectual Property Rights. It includes Copyright, Related Rights, Patents, Trademarks, Industrial Design and Geographical Indications.This book gives a brief outline as to what are the various facets of Intellectual Property and how to protect them from possible exploitation.