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26th February 2016, 02:21 PM
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Join Date: Apr 2013
Re: What are intellectual property rights

Intellectual property (IP) is a term referring to creations of the intellect for which a monopoly is assigned to designated owners by law.

Some common types of intellectual property rights (IPR) are trademarks, copyright, patents, industrial design rights, and in some jurisdictions trade secrets: all these cover music, literature, and other artistic works;
discoveries and inventions; and words, phrases, symbols, and designs.
Intellectual property rights include patents, copyright, industrial design rights, trademarks, plant variety rights, trade dress, and in some jurisdictions trade secrets.

Patents
A patent is a form of right granted by the government to an inventor, giving the owner the right to exclude others from making, using, selling, offering to sell, and importing an invention for a limited period of time, in exchange for the public disclosure of the invention

Copyright
A copyright gives the creator of an original work exclusive rights to it, usually for a limited time.

Industrial design rights
An industrial design right (sometimes called "design right") protects the visual design of objects that are not purely utilitarian.

Plant varieties
Plant breeders' rights or plant variety rights are the rights to commercially use a new variety of a plant.

Trademarks
A trademark is a recognizable sign, design or expression which distinguishes products or services of a particular trader from the similar products or services of other traders.

Trade dress
Main article: Trade dress

Trade dress is a legal term of art that generally refers to characteristics of the visual appearance of a product or its packaging

Trade secrets
A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.


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