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Presented by:
Dr. Prachi Chopra
Founder & Director,
Intellect Bastion
Intellectual Property
Intellectual property (IP) refers to creations of the mind, such as
inventions; literary and artistic works, designs, symbols, names and
images used in commerce.
An intangible asset is a non-physical asset that a company owns
Types:
1. Patents
2. Trademarks
3. Copyrights
4. Designs
5. Geographical Indications
6. Trade Secrets
Patents (Utility + Design Patents)
A patent is an exclusive right granted for an invention. A patent provides
the patent owner with the right to exclude others from making, using and
selling their invention for a period of time.
In exchange for this right, the patent owner makes technical information
about the invention publicly available in the published patent document.
Duration of protection: 20 years form Priority date
Factors considered: Novelty, Non-Obviousness and Industrial
Applicability
Examples of Patents
1. Method of Manufacturing a bottle
2. Gileads Remdesivir patent
3. Quadcoptor drone
4. 3D printer
5. Global Positioning Unit
6. Hair implantation method
7. 4G/5G technologies
8. Solar Panel
9. A new display system for mobile phones
10. A new image processing and recording system for digital cameras
Industrial Designs
An industrial design constitutes the ornamental or aesthetic aspect of an
article. A design may consist of three-dimensional features, such as the
shape or surface of an article, or of two-dimensional features, such as
patterns, lines or color.
The design of a product, promotes economic development by
acknowledging and encouraging creativity in the manufacturing or
industrial sector.
Duration of protection: 10 years + 5 years from Priority date
Factors considered: Novelty and Originality
Examples of Industrial Designs
Trademarks
A trademark is a sign capable of distinguishing the goods or
services of one enterprise from those of other enterprises.
- A word or a combination of words, letters, and numerals
- Symbols.
- Non-visible signs such as sounds or fragrances or color shades
- three-dimensional features such as the shape and packaging of
goods
Duration of Protection: 10 years
Examples ofTrademarks
Copyrights
Copyright is a legal term used to describe the rights that creators
have over their musical, dramatic, literary and artistic works.
Works covered by copyright range from books, music, paintings,
sculpture and films, to computer programs, databases,
advertisements, maps and technical drawings.
Duration of Protection: 60 years from date of death of an Author
Examples of Copyrights
Trade Secrets
Trade secrets are IP rights on confidential information which may be
sold or licensed. The unauthorized acquisition, use or disclosure of
such secret information in a manner contrary to honest commercial
practices by others is regarded as an unfair practice and a violation of
the trade secret protection.
Duration of protection: As long as it is a secret
Examples ofTrade Secrets
Geographical Indications
Geographical indications and appellations of origin are signs used on
goods that have a specific geographical origin and possess qualities, a
reputation or characteristics that are essentially attributable to that place
of origin. Most commonly, a geographical indication includes the name
of the place of origin of the goods.
Duration of Protection: 10 years
Examples of Geographical Indications
Insights on Intellectual Property Rights

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Insights on Intellectual Property Rights

  • 1. Presented by: Dr. Prachi Chopra Founder & Director, Intellect Bastion
  • 2. Intellectual Property Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works, designs, symbols, names and images used in commerce. An intangible asset is a non-physical asset that a company owns Types: 1. Patents 2. Trademarks 3. Copyrights 4. Designs 5. Geographical Indications 6. Trade Secrets
  • 3. Patents (Utility + Design Patents) A patent is an exclusive right granted for an invention. A patent provides the patent owner with the right to exclude others from making, using and selling their invention for a period of time. In exchange for this right, the patent owner makes technical information about the invention publicly available in the published patent document. Duration of protection: 20 years form Priority date Factors considered: Novelty, Non-Obviousness and Industrial Applicability
  • 4. Examples of Patents 1. Method of Manufacturing a bottle 2. Gileads Remdesivir patent 3. Quadcoptor drone 4. 3D printer 5. Global Positioning Unit 6. Hair implantation method 7. 4G/5G technologies 8. Solar Panel 9. A new display system for mobile phones 10. A new image processing and recording system for digital cameras
  • 5. Industrial Designs An industrial design constitutes the ornamental or aesthetic aspect of an article. A design may consist of three-dimensional features, such as the shape or surface of an article, or of two-dimensional features, such as patterns, lines or color. The design of a product, promotes economic development by acknowledging and encouraging creativity in the manufacturing or industrial sector. Duration of protection: 10 years + 5 years from Priority date Factors considered: Novelty and Originality
  • 7. Trademarks A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. - A word or a combination of words, letters, and numerals - Symbols. - Non-visible signs such as sounds or fragrances or color shades - three-dimensional features such as the shape and packaging of goods Duration of Protection: 10 years
  • 9. Copyrights Copyright is a legal term used to describe the rights that creators have over their musical, dramatic, literary and artistic works. Works covered by copyright range from books, music, paintings, sculpture and films, to computer programs, databases, advertisements, maps and technical drawings. Duration of Protection: 60 years from date of death of an Author
  • 11. Trade Secrets Trade secrets are IP rights on confidential information which may be sold or licensed. The unauthorized acquisition, use or disclosure of such secret information in a manner contrary to honest commercial practices by others is regarded as an unfair practice and a violation of the trade secret protection. Duration of protection: As long as it is a secret
  • 13. Geographical Indications Geographical indications and appellations of origin are signs used on goods that have a specific geographical origin and possess qualities, a reputation or characteristics that are essentially attributable to that place of origin. Most commonly, a geographical indication includes the name of the place of origin of the goods. Duration of Protection: 10 years