Intellectual Property Rights

Intellectual Property Rights (IPR) refer to legal rights granted to individuals or organizations for their creations or inventions. These rights provide exclusive ownership and control over intangible assets such as inventions, literary or artistic works, designs, symbols, or brand names. The purpose of IPR is to encourage innovation and creativity by granting creators and inventors the ability to protect and profit from their intellectual creations. These rights include patents for inventions, copyrights for literary and artistic works, trademarks for distinguishing brands, and trade secrets for confidential business information. IPR ensures that creators and innovators have the opportunity to reap the benefits of their efforts and encourages further innovation and economic growth.

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