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Krishna .V
19NR1E0043
Intellectual Property (IP) is a term
referring to creation of the Intellect
(the term used in studies of the
human mind) for which a
is assigned to designated owners
Law.
The Term IP is usually comprising four
Separate Legal Fields
Summary
Protects Infringement
Registratio
n
Process
Term
Comparative
Costs
Patent
Utility
Patent
Functional
Aspects
Make,Use,
Offer, Sale,
Import
Yes
20 Years
up on filing
Expensive
Design
Patent
Ornamenta
l Features
Make,Use,
Offer, Sale,
Import
Yes
15 Years
up on filing Moderate
Trade Marks Brands
Used in
Commerce
Optional
Potentially
indefinite,
limited by
Inexpensive
Copy Rights
Works of
Authorship
Copying, etc. Optional
Life Plus
70 Years
Inexpensive
Trade Secrets Informatio
Misappropri
tion
No
Potentially
indefinite,
limited by
Secrecy
Depends
Intellectual property rights

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Intellectual property rights