Protection Of Corporate Intellectual Property Right: An Analysis Study

Divya Agrawal, LL.M, Chandigarh University Gharuan, Mohali, Punjab Dr. Nirmala Devi, Asst. Prof of Law at Chandigarh University Gharuan, Mohali, Punjab

ABSTRACT:

Intellectual Property (IP) shows any fundamental development of human insight like imaginative, abstract, talent, specialized or logical developments. Intellectual Property Rights (IPR) suggests to the legitimate rights allowed to the individual or organization to ensure their development or assembling item. These legitimate rights give an exclusive right to its organization or individuals who utilizes it's his innovation/item for a restricted timeframe. It is further arranged into several types, including trademark, good-will, copyright in original creative, dramatic, musical, literary, or other works, database rights, computer programmes, patent rights in an invention, design rights, trade secrets, private data and Artificial intelligence.

In other words, we can say that the legal rights prohibit all others from using the Intellectual Property for commercial purposes without the prior consent of the IP rights holder. IP rights include trade secrets, utility models, patents, trademarks, geographical indications, industrial design, layout design of integrated circuits, copyright and related rights, and new varieties of plants. It is very well settled that IP plays an important role in the modern economy. This research will analyse the protection of intellectual property rights for the corporate and dispute, challenge, development, and suggestions in India.

Keywords; intellectual property rights, trademark, artificial intelligence, patents, copyright.