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An Insight on Intellectual Property Rights

 

Intellectual Property Rights

 

Patents, designs, copyrights and trademark are industrial property as they are used in some form of industry or business. They are also aptly termed intellectual property since they are the products of pure intellectual effort. Attempts have been made from time to time to expand the boundaries of Intellectual property and to convert a protective law into a source of monopoly.

COPYRIGHT

PATENT

Right conferred to use a particular mark, which may be a symbol, word, device applied to articles of commerce to indicate the distinctiveness of goods.
Right conferred in respect of original, literary, dramatic, musical and artistic works, cinematograph film and records.
Right conferred in respect of a new invention to manufacture the product patented or use the process patented.
7 years and may be renewed from time to time.
Life time plus 50 years for literary, dramatic, musical and artistic works. 50 years from year of publication for records.
14 years and in case of food and drugs 5 or 7 years.
Proprietor of the trademark and application may be made in the name of an individual, partners of a Firm, Corporation, Government department or Trust.
The author or publisher of, or owner of or other person interested in the copyright in any work.
Actual inventor or an assignee of the right to make an application or legal representative of either.
Licensing the right by registration of the licensee as a registered user.
By assigning or licensing the right to others on a royalty or lump sum basis.
Assigning rights or licensing them to industrialists for a lump sum payment or royalty basis.
Injunction, Damages, Accounts of profits
Civil, Criminal, Administrative.
Injunction, Damages, Accounts of profits.

 

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