March 24, 2021

Importance of Intellectual Property Rights

Intellectual property rights are the reasons that the world is moving forward. They pave the way for more inventors, artists and brands to come forward and make our lives better. Without it, we might as well go to the dark ages.

But I am getting a bit ahead. Intellectual property rights protect your ownership of your ideas, and the things you’ve created through those ideas. There are three most prominent types of intellectual property rights:

1.     Trademarks: Trademarks are the markings that you put on your products or services that you are selling. It conveys the message to the customer that it’s you who created the products/services they are using. Trademark registration protects your trademark from being used by someone else without your permission. Without it, you won’t have seen many big brands that you’ve been hearing about these days in India.

2.     Patent registration: Remember iPhone? Of course you do. The question about that you might have about it is why it’s so dang costly? It’s all because of patent. There are many inventions put in that technological apple and the creators or these inventions should be properly incentivized. Hence, the high prices. Patent registration allows you to assert ownership over your industrial invention. It gives you the exclusive right to use, reproduce, and sell your invention. Without patent registration, there might not be any technology in the modern India.

3.     Copyright registration: Copyright registration assigns legal ownership of a creation to its creator. As an artist, you want to earn from the art that you created. You need exclusive rights for it, and copyright registration gives them to you. With copyright registration, your movies, your novel, your stories, your software, all will be protected.

That’s how much important intellectual property rights are in India. To know more, visit our site at Regalguru.

Read More:

Process of trademark registration in Delhi

how to do trademark search

Steps to register a company in Delhi