Basics of Intellectual Property Rights

By learning this course, learners can understand the basics of Intellectual Property Rights and how to protect their findings, researches, etc. by using this act.

An ‘Intellectual Property’ or ‘IP’ is any creation made using intellect and these creations are then granted a monopoly which is assigned to its specified owners by law. Hence, ‘Intellectual Property’ is any intangible property that is the result of creativity.

The main aim of all granted ‘Intellectual Property Rights’ by law is protection of the works created by the owner as well as promote progress.

The IPRs allow the creators to allow third-parties certain rights to use their inventions or creative works in certain restricted manners which are stipulated clearly by the creator of the work.

There are various kinds of intellectual property that may be created by individuals and that can be protected under the Intellectual Property Laws across the world. Some such types of intellectual properties that are protected by IPRs are as follows:

• Computer Programs

• Paintings

• Inventions

• Sculptures

• Original Works of Literature

• Internet Domain Names

• Music

You can actually even patent biological organisms including the human genes or even seeds. In fact, a research has found that by the year 2005, almost 1/5 of human genes have already been patented.

There are several benefits of the Intellectual Property Rights granted by law, both for the creator as well as for the society at large. Some of these benefits are:

• Greater Morality

• Financial Gains

• Economic Progress

Are you interested in protecting your findings or researches etc.  Then Just Click on the Enroll Button and Join the Course.