Intellectual Property is
the Property, which has been created by exercise of Intellectual Faculty. It is
the result of persons Intellectual Activities. Thus Intellectual Property
refers to creation of mind such as inventions, designs for industrial articles,
literary, artistic work, symbols which are ultimately used in commerce.
Intellectual Property rights allow
the creators or owners to have the benefits from their works when these are
exploited commercially. These rights are statutory rights governed in
accordance with the provisions of corresponding legislations. Intellectual
Property rights reward creativity & human endeavor which fuel the progress
of humankind.
The intellectual
property is classified into seven categories i.e
-Geographical
Indications
-Lay out designs of
integrated circuits
-Protection of
undisclosed information/Trade Secret according to TRIPs agreements.
Source: Quora
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attorneys have experience with the IP process and will work closely with you as
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