| Origin of Intellectual Property |
| With the advancement of time and developments in science and culture a new kind of intangible property has emerged. These properties are known as Copyrights, Patents,Trademarks, Designs and Geographical indications and are known as intellectual property rights. |
| Development of Intellectual Property |
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A need was felt to protect these Intellectual Properties which resulted in various treaties being entered into and member nations passed their own legislations in their own country as well. Notable among these is the Paris Convention for protection of industrial property. Under this convention there are several agreements such as :
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| Concept of Intellectual Property |
| Intellectual property is in the form of intangible and incorporeal property and is the product of human intelligence such as music, books, art and inventions. Rights in such properties are known as Intellectual Property Rights. The proprietor or the owner may exclusively use his property and prevent others from using the same. The idea behind granting rights of owners, authors, inventors etc are to ensure that they disclose their products, arts and inventions without fear of duplication. |
| Key forms of Intellectual property |
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Patents
A comprehensive review of the Patents Act, 1970 was also made and a bill to amend the Patents Act, 1970 was introduced in Parliament on 20 December, 1999 and notified on 25-6-2002 to make the patent law TRIPS compatible.
Trade Marks
Service Marks
Designs
Copyrights
Copyright consists of the following rights
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