INDIAN

INTELLECTUAL
PROPERTY
RIGHTS(IPR)
 WHAT IS INTELLECTUAL
PROPERTY (IP)?
 In law, intellectual property (IP) is an
umbrella term for various legal
entitlements.
 The term intellectual property reflects
the idea that this subject matter is the
product of the mind or the intellect.
 Intellectual property laws and
enforcement vary widely from
jurisdiction to jurisdiction.
KEY FORMS OF INTELLECTUAL
PROPERTY.
 Copy rights.
 Patents.

 Trademarks.

 Trade secrets.
 Copyrights Act,1957.
 Copyright is a legal
term describing the
economic rights given
to creators of literary
and artistic works.
 Copyrights offer
essentially the only
protection for music,
films, novels, poems, Chairman of Open Port
architecture, and other Technology, Inc., Randy Storch
works of cultural value. holds a patent granted to his
company for least-cost routing
(LCR) Internet technology.
 Copyright is protected through
Copyright Act, 1957, as amended in
1999 - administered by the
Department of Higher Education. 
 The Indian copyright law is governed
by the Copyright Act, 1957. The
Copyright Act was based on the
Copyright Act of 1911, framed by the
British during the Colonial rule and
also borrowed extensively from the
1956 Copyright Act of the United
Kingdom.
 Patents Act,1970.
 A patent is a contract between society as a
whole and an individual inventor.
 Under the terms of this social contract, the
inventor is given the exclusive right to
prevent others from making, using, and
selling a patented invention for a fixed
period of time.
 At least since 1474, when first granted by
the Republic of Venice, patent protection
has encouraged the development and
distribution of new technologies.
 Trademarks Act,1958.
 Trademarks are
commercial source
indicators,
distinctive signs
that identify
certain goods or
services produced
or provided by a
specific person or
enterprise. Barbie? is one of toymaker
Mattel's most successful
trademarks.
 Trade Secrets.
 Any information that may be used in the
operation of a business and that is
sufficiently valuable to afford an actual or
potential economic advantage is
considered a trade secret.
 Unlike patents, trade secrets are protected
for a theoretically unlimited period of time,
and without any procedural formalities.
 Example of Trade Secret.
 Examples of trade
secrets can be
formulas for products,
such as the formula
for Coca-Cola;
compilations of
information that
provide a business
with a competitive
advantage, such as a
database listing
customers; and even
advertising strategies
and distribution
processes.
 Need for IP Rights
 The importance of IPR in the Indian
economy will have to be understood
properly.
 Tomorrow’s wars will be fought not by
conventional weapons, guns, missiles and
so on, but in the knowledge markets with
new thermonuclear weapons called
information and knowledge.
 As India plays its new role in a globalized
world and changes its IP laws, it will have
to gear up to fight these wars in both India
and abroad.
THANK
YOU…