Intellectual property rights

Overview by
Jatadhar Jha
 Intellectual property rights
• Intellectual property is original creative works
that have economic value and are protected
by law.
• Rewards the creators of original works by
preventing others from copying.
Forms of Intellectual property rights:
• Patent
• Copyrights and
• Trademark
 Contd
• Patent: Patent law protects inventions that
demonstrates technological progress.
Terms of Patent:
Total terms of Patent is 21 years:
7 yrs during registration and 7+7 yrs two times
Renewal.
Registration of Patent in Patent office, which is
located in Department of Industry, Tripureswor,
Kathmandu.
 Contd
• Royal tee fee is charged based upon the % of the
sales of the patented product.
• Patent includes Trade secret law, which protects confidential information.
For example
the formula for making Coca-cola is a trade
secret protected by Patent law.
• Copyright: Copyright law protects variety of
literacy and artistic works including paintings,
sculpture, prose and poetry.
Registration of Copyright in Copyright office, which is
located in DilliBazar, Kathmandu.
Terms of Copyright: equals to the whole life of the authors and plus
50 yrs after the death of authors.
 Trademark
• Trademark: Trademark law protects words and
symbols that serve to identify different brands
of goods and services in market place.
Trademark distinguishes goods of one
manufacturer from others.
• Registration of Trademark in Trademark office,
which is located in Department of Industry,
Tripureswor, Kathmandu.