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Intellectual property rights (IPR) are the intellectual rights related to intangible assets that belong to an individual or company and are protected from unauthorized use. Therefore, Intellectual property laws protect the owner of an idea from someone else using their ideas without permission. IPR allows creators of trademarks, patented inventions, or copyrights to profit from their creative efforts. More than 50 million patents are estimated to have been generated globally by 2021. The IPR industry is a billion-dollar industry with patents and intellectual property generating humungous revenues for corporations. Pharmaceutical patents provide billions of dollars in revenue; the Harry Potter series generates millions of dollars in royalties, and the trademarks of the biggest technology companies exceed $100 billion in value today.

Today IPR field is growing exponentially; let’s delve a bit more into details about how this field is growing and how law professionals can opt for intellectual property law courses to give wings to their careers.

Read More: https://ialm.academy/blog/how-intellectual-property-law-courses-can-supercharge-your-law-career

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