Understanding Intellectual Property Rights for Business

Published On: Jun 10, 2020Last Updated: Jun 10, 20204.1 min read


Intellectual property involves creations of all sorts – technologies, literature or works of art, pictures, signs, etc., that contribute to artistic freedom while benefitting the ones who own it.

IPC says that, regardless of whether you make goods, write a novel or innovate a new drug, you can protect it through intellectual property rights. This removes the formation or research from the illegal use by other people.

There are two main types of intellectual property rights (IPRs)

1- Copyrights and related rights

2- Industrial property

Copyrights and Related Rights

• Authors are entitled to copyright to protect their work.

• It consists of files, reference works, computer programming, architecture, books, scientific drawings, etc.

• You ensure that others are unable to use your work without your copyright consent.

• Law on copyright protects creators against unauthorized duplication or the use of original material.

• If the original work is to be protected by copyright, it must be in a tangible form.

• Copyright registration is not mandatory. Nevertheless, registration is encouraged because of its multiple inducements.

Copyright registration in India requires first-hand evidence of authorship, legal documents to make the necessary details of prevalent copyright available, etc.

• The copyright provides for the protection for a lifetime author or creator and another 60 years after his death in general. The copyright is publicly available and can be used without restrictions.

Also Read: When can a Trademark be Removed from the Registry?

Industrial property

Trademarks, patents, geographical indications, and industrial designs are included as industrial property rights.

Description of trademark, patents, geographical indications, and industrial designs.


• A trademark is a distinctive product or service identification sign.

• Another trademark is the one that can be graphically described and distinguish between the products or services of one person and others, including the type of substance, treatment, and color mix.

• It is possible to use a single word or set of numbers and letters to register a trademark.

• A mark, 3-D signs, and even symbols may be drawn. For instance, Google is a famous trademark.

• A mark can be submitted at national or regional rates, depending on the level of protection required.

• A device, brand, title, label, card, name, name, signature, word, number, shape of the goods, color packaging, or a combination may be included.

• It protects and assists in creating a brand that is critical to a company’s growth.

• The brand is the first thing a consumer recognizes because of its distinct identity. The fashion market is excellent proof to support this. It opens up new marketing modes and acts as a means of gaining and making huge profits. Thus, the main goal is for the company to guarantee the exclusivity and authenticity of its brand. Trademark protection is precisely what it has.

• The registration of marks permits labeled owners to sell their goods and services cheaper or different from unsuccessful rivals, such as the cloning fake, using the same names/logo. It encourages fair competition and helps consumers to have more options when they purchase goods/services of one company or brand.

Also Read: All you need to know about Copyright Registration


• The inventor’s exclusive right to introduce a new method or process shall be a patent. You are the only person to produce, distribute, sell, or use a patent on a commercial basis.

• An innovation must be modern, indistinguishable, and especially useful.

• It is not possible to have a model or idea. Twenty years from the date of filing, the patentee has the exclusive right.

• Registry is obligatory and non-registered, and there is no enforcement of intellectual property rights unless there is prior art to protect it by transfer.

• The maker is typically the owner, but the owner is not the individual or organization of which the entity is working.

• Driving innovation for vehicles is a proprietary illustration of new technology.

Geographical Indications

• Geographical indication shows a commodity belonging to a specific area and price or popularity of that area.

• Geo-protected products Tuscan olive oil

Industrial Designs

• Build quality makes products unique and attractive.

• Elements may either be 3-D (shapes or targets) or 2-D (patterns or lines). The design of a glass Coca-Cola bottle is an example of industrial design.

What do I need to know about IPR?

The WIPO World Intellectual Property Organization regulates Intellectual Property Rights. WIPO harmonizes national and cross-border IPR security policies. As a researcher, you concentrate on published research to develop or promote a new theory. You also will ensure that the intellectual property of the publisher or author is not infringed (pictures, quotes, numbers, details, etc.)

Make sure you give the right credit to help avoid plagiarism by using effective paragraphs, resuming, or citing the contents, so if making reference to a book or study article. Remembering plagiarism is a grave crime! The original research is significant in your manuscript. Includes pictures, figures, info, etc. Before using copyright photos in manuscripts or theses, writers must have written permission.

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Maulik Raval
About the Author

Maulik Raval

Maulik Raval pursuing Company Secretary is associated with Legalwiz.in as Operational Executive of Company. He is handling various MCA related compliance, Matter related to Trademark registration and GST registration and return filling.