The situation has further become complex with the widespread use of the Internet. Information, images, and even sound can be transferred to any corner of the globe within a fraction of a second. Any unauthorised person can transmit information without even getting permission from the actual owner, causing monetary losses running in billions. It thus becomes necessary for organisations to protect their work, whether hardware, software, written or photographic material.
“With the Internet being used for so many applications such as online education, ordering, and communication, companies are finding it very difficult to protect their interests,” says advocate Harsha Punjabi.
BACKGROUND
Intellectual Properties Rights (IPR) are statutory rights that allow the creator or owner of a work product to prevent others from exploiting it for commercial purposes. These rights make the creator the owner of the work. IPR is not a modern concept, though it has gained popularity only in modern times. This movement of safeguarding that started with the invention of the printing press has now taken global shape in the form of World Intellectual Property Organisation (WIPO) and TRIPS (Trade Related Intellectual Property Right Agreement). “As there are numerous ways and means of protecting physical assets, similarly there are several tools to safeguard intangible properties like books, poems, inventions (scientific or technological), industrial creations, agricultural innovations, films or anything created originally by human resources,” informs advocate Deepti Raja.
GAINING IMPORTANCE
“With international economic developments whereby business agreements and negotiations are being governed by global concerns, there is an urgent need for an exhaustive and detailed study of IP laws,” says Punjabi.
“Companies who have created and protected their intellectual property today rule world commerce. No company embodies this better than Microsoft, which has been built entirely on the strength of its software programmes that are protected through copyright. Thus, products (eg DVDs) are protected by patents, software (eg Windows) by copyright, goodwill (eg the logo of Mercedes Benz) by trademarks, appearance (design of a Rolex watch) by designs, and spatial arrangements of the components on a microchip (Pentium IV) by semiconductor layout-designs.
COMPLEX ISSUES
“The specific legal issues that arise in relation to IP differ from industry to industry. In the entertainment industry, copyright law would be important. On the other hand, for engineering designs, industrial laws would apply, whereas for the knowledge-based industry, patents would be primary,” says Raja.
To understand clearly which IPR applies to which form of intangible asset is a complex issue. Further, the question of how and where to apply for the protection, and thereafter with whom the rights vest, at times is difficult to ascertain. These rights and laws vary in each country. Profit sharing between individuals, between companies and inventors, inventors and the industry too is defined and limited by local rules and laws. Hence, it is very relevant to know and to appreciate a larger perspective of IP law, not merely from a legal standpoint but also from the perspective of the industry.
WHERE TO TRAIN?
Several courses are available for IPR. Most law programmes have a module on or offer specialisation in IP. The courses are suitable for working professionals as well as students aspiring to a career in IP. Many courses are designed in a manner so that they appeal not only to law students but also other legal/ paralegal professionals. Business leaders would also benefit immensely from these courses, as they would help them identify and harness the intellectual wealth produced by their organisations.
Courses are geared towards trends and strategies in industrial, agricultural, literary, and information technology related fields, management of IPRs, national and international IPR issues, and such other aspects.
WHAT YOU CAN DO ?
WHAT’S THE ELIGIBILITY?
Applicants should have a bachelor’s degree or equivalent in any discipline from a recognised university. Candidates in the final year of bachelor’s degree course may also apply.
PERSONALITY TRAITS
DON’T COPY
IN A NUTSHELL
Trademark: A trademark can be a logo, a symbol, word, phrase, jingle, picture, sound or even smell, or a combination.
Patent: A patent is the right of an individual or an organisation to gain profit from a particular invention. A patent is basically an intellectual property relating to scientific and technological inventions.
Copyright: It is a tool protecting the original literary works like books, novels, lyrics, songs, and computer software.
Design: A design is the presentation of the whole or part of a product resulting from the features, colour, size, shape, texture, or materials of
the product or its packaging.
Volume 1 Issue 1
Looking to balance a corporate job along with providing freelance service as a side hustle…
The Oscars are one of the most awaited awards. That time of the year is…
- MET Students Won a 36-hour Coding Hackathon - PM Narendra Modi interacted with the…
Receptionists We all have seen while visiting any hotel, resort or office premises, but have…
In 2016, COEP Technological University introduced Impressions, an annual cultural fest designed to celebrate creativity…
Mental health challenges have become a global concern, with one in every eight people worldwide…