PATENT PUBLICATION

IPR

Intellectual property (IP) refers to various distinct types of creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce; for which a set of exclusive rights like copyrights, trademarks, patents, industrial design rights and trade secrets are recognized under the corresponding fields of law. Intellectual Property Rights are exclusive legal rights over creations of the mind. IPR give the proprietor rights to exploit intellectual creation of the mind. IPRs are essential to fostering innovation to encourage inventiveness in various areas of research and development. It contributes to ensure profitability and better service to the society.

It is necessary to protect the Intellectual property in order to enable organizations to earn recognition or financial benefits. The rationale for this IPR lies in the need to create awareness about the importance of IPRs as a marketable financial asset and economic tool among the researchers, faculty and students of the College. Intellectual property Rights: means the rights derived from the IP e.g. Patents, registered designs, copyright etc.

Functions