Issues related IPR in India
The WIPO (World Intellectual Property Organisation) defines Intellectual Property Rights (IPRs) as creations of the mind like inventions, literary and creative works, symbols, names images and designs used in commerce. It confers special rights to individuals or organizations regarding specific innovation or invention in products or processes for a certain amount of time. They exist in the form of patents, trademarks, Geographical Indicators (GIs), copyrights, etc. and ensure recognition or monetary benefit to creator, inventor or innovator. By striking the right balance between the interests of innovators and also the wider public interests, IPRs are critical to incentivizing innovation, which, ....
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