We seek help from lawyers to settle our disputes when someone steals our property or any other valuable possession. But what will you do if someone steals your business idea and even earns profit from it? What proof can you give that it was your idea? Here comes the IPR, the protector of our intellectual property. In this article, we will get to know the four types of IPR and also the IPR Law Firms in India.
With the rise of technology and most businesses have gone global, intellectual theft has also increased. Consequently, the importance of IPR has increased to a great number.
Table Of Contents
What is exactly IPR?
Intellectual Property Rights or IPR is a law that is made to safeguard your creativity. Imagine someone gets to know about an idea that is originally developed by you. This idea can be used by anyone to meet his selfish ends if you do not keep your ideas protected by intellectual property rights.
It would not be wrong to say that Intellectual Property Rights were made after the realization that ideas that generate in a human mind are very precious and these need to be protected.
There are two four types of Intellectual Property Rights:
- Design Rights
- Data protection
- Geographical indications
As India is a place of diverse ideas, the IPR Law firms in India provide all the above-mentioned services to the owners. The awareness about IPR laws is a must for everyone as you never know what people might do with your ideas and you may not even notice it.
IPR Law firms in India and their importance
IPR laws were first established in India in 1970 with ‘The Patent Act’. Since then a lot of amendments have taken place, making a strong set of laws for intellectual theft in India. IPR laws are equally important for creative as well as the business field.
The IPR Law firms in India offer several services to their clients. Some of them are listed below:
- To remain your intellectual property safe and secure.
- Get recognition and profit from your idea or creation.
- To restrict others to use your ideas for their profits.
Getting IPR laws involved is like taking insurance for your business. If anyone tries to take advantage of your ideas, you can relax if your creation is already listed under the IPR laws.