Intellectual property (IP) refers to creations of the human mind - inventions, brand names, literary and artistic works, designs and symbols used in commerce. The law grants the creator or owner certain exclusive rights so that others cannot use the protected work without permission. In India, trademark, patent and copyright are three distinct categories of intellectual property, each protected by its own statute, with its own term of protection and its own remedies. They are often confused, so the comparison below explains what each one protects.
A trademark is a sign - a word, logo, label, shape or combination of these - that distinguishes the goods or services of one business from those of another. Trademarks in India are governed by the Trade Marks Act, 1999.
A patent is an exclusive right granted for an invention - a product or process that is new, involves an inventive step and is capable of industrial application. Patents in India are governed by the Patents Act, 1970.
Copyright protects original literary, dramatic, musical and artistic works, as well as cinematograph films and sound recordings. Copyright in India is governed by the Copyright Act, 1957.
The issue of intellectual property protection has also been addressed internationally. The World Trade Organization (WTO), through its Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), set common minimum standards for the protection and enforcement of IP rights across member states. India, being a signatory to TRIPS, has developed a detailed administrative and legal framework for the protection of intellectual property.
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