INTELLECTUAL PROPERTY PRIMER

Intellectual property (IP) refers to the creation of human intellect for which certain rights are granted by the State.These properties may be either creative or intellectual. They are commonly used in connection with commercial transactions.Inventions; literary and artistic works; designs; and symbols, names and images used in the course of business are some examples of IP... Concept of IP can be traced back to Statute of Monopolies (1624) and the (British) Statute of Anne (1710). Though, IP law has been evolved over centuries, the significance of framing some sort of an internationally recognized agreement for the cooperation among the nations for the protection of the IP was realized only in 1883 with the existence of Paris Convention for the protection of intellectual property rights... Intellectual properties are broadly classified into (a) industrial property and (b) Copyright. The term industrial property is not defined anywhere. However, it include patents for inventions,..