The intellectual property rights ar tge rights for creative creators and inventors. These are the five types of ipr available to a owner.

1. INTELLECTUAL
PROPERTY RIGHTS
PRESENTED BY: AARATI, BIKAL, ASHIM,

2. INTELLECTUAL PROPERTY RIGHTS (IPR)
• The legal rights given to the inventor or creator to protect his
invention or creation like inventions, artistic works, trademarks
for a certain period of time.
• These rights encourage innovation and creativity by providing
rewards to creators.
• It’s important to respect and uphold these rights to nurture a
developing environment for intellectual property.

3. TYPES OF INTELLECTUAL PROPERTY
RIGHTS
• Moral rights
• Copyright
• Trade secrets
• Patents
• Trademarks

4. MORAL RIGHTS
• They are a set of rights that protects the personal and reputational
interests of creators.
• They typically include the right to attribution (being credited as
the creator), right to integrity (preventing modification of the work
that could harm the creator’s reputation), and sometimes the right
to withdraw a work from circulation.

5. COPYRIGHT
• It provides right that grants exclusive legal protection to original
creative works such as literature, music, and art.
• It gives creators the right to control how their works are used and
allows them to prevent others from copying, distributing, their
works without permission.

6. TRADE SECRETS
• It protects confidential information that provides a business with a
competitive advantage, such as formulas. Processes or customer
lists.
• It is not publically disclosed but kept confidential and protected
through measures like restricted access.

7. PATENT
• It protects inventions giving the owner exclusive rights for a specified
period.
• They are granted by the government and cover a wide range of
inventions, from technological advancements to new processes or
designs.
• They encourage the innovation and provides protection they need to
invest in research and development.

8. TRADEMARKS
• It protects symbols, names, or designs used ro distinguish goods or
services in the marketplace, giving the owner exclusive rights to use
the mark in commerce.
• They play a crucial role in building brand recognition and maintaining
the reputation of a business or product.

9. CONCLUSIO
N
Intellectual property rights play a vital role in
business. They provide legal protection for various
forms of creative and innovative works, such as
inventions, designs, trademarks, and creative
expression. By protecting their intellectual property,
businesses can maintain a competitive advantage,
attract investments, and generate revenue through
selling their rights in summary, these rights contribute
to the growth, sustainability, and success of
businesses in today’s knowledge based economy.

10. REFERENCE
kinton, W. (2023, October 23). intellectualproperty.asp. Retrieved from
www.investopedia.com: https://www.investopedia.com/terms/i/intellectualproperty.asp
Saha, C. N. (2011, April 02). PMC3217699. Retrieved from www.ncbi.nlm.nih.gov:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3217699/#:~:text=Intellectual%20proper
ty%20rights%20(IPR)%20refers,a%20given%20period%20of%20time.