Intellectual property is important for the business startup and inovative product manufacturing.it is the rights given to the people over the creation of their minds.
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INTELLECTUAL PROPERTY
1. GOVERNMENT ENGINEERING
COLLAGE, BHARUCH
SUBJECT:- ENTREPRENEURSHIP (2181920)
TOPIC:- INTELLECTUAL PROPERTY
PREPERED BY;
• BHAGAT DIVYESHKUMAR S. 170143119002
• BHALIYA VISHALKUMAR N. 170143119003
• PARMAR VRAJ V. 170143119016
• PATEL DEEPKUMAR V. 170143119017
• PATEL DHRUV K. 170143119018
2. INTELLECTUAL PROPERTY
RIGHTS (IPR)
Intellectual property rights (IPR) can be
defined as the rights given to people over
the creation of their minds. They usually
give the creator an exclusive right over the
use of his/her creations for a certain period
of time.
3. What is Intellectual Property ?
• Intellectual property is an intangible creation of
the human mind, usually expressed or
translated into a tangible form that is assigned
certain rights of property.Examples of
intellectual property include an author's
copyright on a book or article, a distinctive logo
design representing a soft drink company and
its products, unique design elements of a web
site, or a patent on the process to manufacture
chewing gum.
4. Types of Intellectual Property
Industrial property
• Industrial design
• Patents
• Trade mark
• Trade secrets
Copyrights and related rights
• Geographical indication
• Layout designs
• Plant varieties
• Farmer’s rights
6. Patents
Rights granted by a government to an inventor to exclude others from
imitiating, manufacturing ,using or selling the invention in question for
commercial use during the specified period (20 yrs from date of filing)
Patents are granted for
1. Invention
2. Innovation
3. Process/ product of an invention
4. Concept
7. Copyright
Copyright is a set of exclusive rights granted by the law of a
jurisdiction -to the author or creator of an original work, including
the right to copy, distribute and adapt the work.
Copyright protection applies for a specific period of time, after
which the work is said to enter the public domain.
8. Trademark
A trademark is like a brand name. It is symbol, colour, word, design,
or phrase used to identify a particular manufacturer or seller.
A trademark is the distinctive sign or indicator of some kind which is
used by individual, business organization or other services to
customers and to distinguish it’s products and services from those
of other entities.
9. Trade secrets
When an organisation owning an intellectual property does not
disclose the property to any one and keeps it as closely guarded
secret- to promote his business interest.
• Unlimited duration
• No need to fill application
• No chance for other for improvement upon the product
Trade secrets includes sells method, distribution methods,
customer database, list of suppliers and clients and
manufacturing process.
Trade secrets cannot be safeguarded under current forms of
idea protection such as copyrights, trademark or patent.
10. Advantages & Disadvantages
Advantages Disadvantages
Additional costs
Pirating
Reduced quality
There are no fees associated
with IP
IP helps you market your
company’s products and services
You can more easily obtain
financing for your business
Greater export opportunities