IPR Basics (Patents, Trademarks) and Ethical Considerations of Business

Intellectual Property Rights (IPR) refer to the legal rights granted to creators and inventors to protect their intellectual creations. These rights provide exclusive authority to the owner to use, pr...

IPR Basics (Patents, Trademarks) and  Ethical Considerations of Business
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By Parth Gupta

Category: Business

Language: English

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Intellectual Property Rights (IPR) refer to the legal rights granted to creators and inventors to protect their intellectual creations. These rights provide exclusive authority to the owner to use, produce, and commercialize their innovations or creative works. Intellectual property is a valuable intangible asset, encompassing inventions, literary and artistic works, symbols, names, images, and designs used in commerce. The foundation of IPR lies in promoting innovation, creativity, and fair competition by ensuring creators receive due recognition and economic benefits for their contributions.

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