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June 17, 2024 200 0
Intellectual property rights (IPRs) include mental works such as inventions, literary and creative compositions, designs, symbols, names, and pictures used in trade. For a limited amount of time, owners of intellectual property rights are granted exclusive use of the goods or property. For example copyright is alloted for 60 years from date of publication. Thus, providing property rights through patents, copyrights, and trademarks is known as intellectual property rights.
Rights of Patent Owners
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Geographical Indications at the International Level
TRIPS Agreement
Lisbon Agreement
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The Legal Framework in India: India established a legal framework for PBR with the Protection of Plant Varieties and Farmers’ Rights Act (PPV&FR Act) enacted in 2001[UPSC 2019].
Adopted by the World Trade Organization (WTO) in 1994, TRIPS establishes minimum standards for IP protection for member countries, including patents, copyrights, and trademarks.
Authorisation: A compulsoryry license in India is authorized by the controller general to third parties in line with Patent Act 1970 .
There are seven important objectives of the IPR policy [UPSC 2017]
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India’s evolving IPR policy aims to balance the rights of creators with public access to essential goods, such as medicines.
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