This document provides an overview of intellectual property rights (IPR). It discusses the different types of IPR which include patents, trademarks, copyrights, and geographical indications. Patents protect inventions, trademarks protect distinctive signs used in commerce, and copyrights protect artistic and literary works. The document also outlines the purpose and importance of IPR, giving creators incentive and ensuring genuine products. It provides an example case study of a dispute over basmati rice patents between India and the US.