IPR

Intellectual Property Rights (IPR) are legal rights that protect creations of the mind, granting exclusive control to their creators over their inventions, literary and artistic works, designs, symbols, names, and images used in commerce. These rights aim to encourage innovation and creativity by providing creators with a mechanism to benefit from their work and prevent unauthorized use by others. Key forms of IPR include patents, trademarks, copyrights, and industrial designs, each safeguarding different aspects of innovation and expression. Securing IPR is crucial for businesses and individuals to maintain a competitive edge, attract investment, and ensure the proper commercialization of their unique assets. Effective IPR management is therefore vital for economic growth and the development of a knowledge-based society.