Intellectual Property Right Management

Intellectual Property Rights is a legal concept that confers rights to owners and creators of the work, for their intellectual creativity. Such rights can be granted for areas related to literature, music, invention etc, which are used in the business practices. In general, the intellectual property law offers exclusionary rights to the creator or inventor against any misappropriation or use of work without his/her prior knowledge. Intellectual property law establishes equilibrium by granting rights for limited duration of time. The term intellectual property relates to intangible property such as patents, trademarks, copyrights, and trade secrets. Every nation has framed their own intellectual property laws.
Aim
The main aim of Intellectual Property Right is to cover new areas of Science and Technology such as such as Information Technology ,Biotechnology, and now service sector. Therefore in other words we can say that it aims at further harmonization of the regular or patent system.

Salient Features

• This course helps in providing exclusive rights to creator or inventor thereby induces them to distribute and share information and data instead of keeping it confidential.
• Rights granted under the intellectual property act helps in socio and economic development.
• Intellectual Property Right laws have usually been inimical to the interests of indigenous communities, but there are ways in which these laws can serve the interests of these communities.
• It helps to define in the establishment of statutory, administrative and judicial framework for protecting the intellectual property in the Indian territory, whether they connotes with the copyright, patent, trademark, industrial designs or with other parts.

N.B. details are available in the syllabus and study materials are also available according to the syllabus.
Job Opportunities
1.Intellectual Property Lawyers
2.Inhouse Counsel.
3.Law Firms
4.Research and Development in Intellectual Property Right
5.Intellectual Property Right Scientist.
6.Teaching jobs at different law schools and colleges.
7.Patent Analysist
8.Patent filing
9.Patent Prosecutionist
10.Portfolio Management
11.Valuation ,Licensing
12.Landscaping.