A product of brain-storming that has commercial value,which includes copyrighted property such as artistic or literary works, and mindidea property, such as patents, trade secrets,design, business methods, trademarks, maintenance of the rights or simply ideas. A broad categorical description for the set of intangibles owned and legally protected by a company from outside use or implementation without permission. Intellectual property relates to the fact that products of human intellect should be given the same protective rights & authenticity that apply to physical property. Most developed countries have developed legal measures to protect both forms of property.
Intellectual property is an intangible creation or to say it's mind product, converted into tangible form, that is assigned certain rights. Illustrations of intellectual property include an author's copyright on poetry or to say a book, a distinctive logo design representing a perfume company, unique design of a fashion designer, or a patent to manufacture medicines. Intellectual property law covers the protection of trademarks, patents, copyrights, and trade secrets. In effect, intellectual property laws give the creator of a novel and different product or a temporary monopoly on its use. Seeing all these aspects, it has become the most valuable asset which a person or companies can own.
Economists estimate that two-thirds of the value of large businesses in the U.S. can be traced to intangible assets. Every nation has framed their own intellectual property laws. But on international level it is governed by the World Intellectual Property Organization (WIPO). The WIPO convention lays down following list of the activities or work which are covered by the intellectual property rights.
A Multi-Disciplinary law firm
Civil/Criminal/Corporate Matters
Contact us:
• Chamber:
120A, Western Wing, Tees Hazari Courts, New Delhi
• Office:
561, Pocket-3, Paschim Puri, Delhi-110063
• Residence:
A-26, Ayudh Vihar, Sector-13, Dwarka, New Delhi-110075
• Mobile:
+91-9891511114
• Email:
[email protected]
• Website:
www.azaadandcompany.com