INTELLECTUAL PROPERTY RIGHTS

 Intellectual property rights (IPR) are legal rights granted to individuals or entities for their creative and intellectual works or inventions. These rights provide exclusive ownership and control over intangible assets, allowing the creators or inventors to benefit from their work and prevent others from using, copying, or exploiting their creations without permission.

There are several types of intellectual property rights, including:

Copyright: Copyright protects original works of authorship, such as literature, music, art, films, and software. It grants the creator the exclusive right to reproduce, distribute, display, perform, and modify their work for a specified period. INTELLECTUAL PROPERTY RIGHTS

Trademarks: Trademarks are distinctive signs, symbols, logos, or phrases that identify and distinguish goods or services of one business from another. They provide exclusive rights to the owner and help prevent others from using similar marks that may cause confusion in the marketplace.

Patents: Patents protect inventions and grant exclusive rights to the inventor for a limited period. They can be granted for new processes, machines, products, or improvements thereof. Patents enable inventors to prevent others from making, using, selling, or importing their invention without permission.

Trade Secrets: Trade secrets are valuable and confidential information, such as formulas, recipes, manufacturing processes, customer lists, or marketing strategies, that provide a competitive advantage to a business. Unlike other forms of intellectual property, trade secrets rely on maintaining secrecy rather than obtaining formal protection.

Industrial Designs: Industrial designs protect the aesthetic and ornamental aspects of a product, including its shape, configuration, pattern, or color.