Thursday, May 14, 2009

What is Intellectual property rights?



IPR-are temporary grants of monopoly intended to give economic incentives for innovative activity. IPR exist in the form of patents, copyrights, and trademarks.
Intellectual property rights
over creations of the mind, both artistic and commercial, and the corresponding fields of law.[1] Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; ideas, discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property include copyrights, trademarks, patents, industrial design rights and trade secrets.
provide creators of original works economic incentive to develop and share ideas through a form of temporary monopoly.

1 comment:

  1. hala my makol lagi imo blog.papuksia ko bi.. . hehehehe!

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