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Context: Despite being actively engaged in research and new innovations, over 35% people are not aware of intellectual property rights (IPR), a latest study revealed.
IPR provide certain exclusive rights to the inventors or creators of that property, in order to enable them to reap commercial benefits from their creative efforts or reputation. There are several types of intellectual property protection like patent, copyright, trademark, etc. IPR is prerequisite for better identification, planning, commercialization, rendering, and thereby protection of invention or creativity.The main social purpose of protection of copyright and related rights is to encourage and reward creative work.
The laws and administrative procedures relating to IPR have their roots in Europe. A Venetian Law of 1474 made the first methodical attempt to protect inventions in a form of patent, which allowed right to an individual for the first time. The invention of the printing press and movable type by Johannes Gutenberg around the year 1450, helped in the origin of the first copyright system in the world. International Intellectual Property system began with the creation of the Paris Convention for the Protection of Industrial property in 1883 and the Berne Convention for the protection of Literary and Artistic Works in 1886. Both treaties are administered by the World Intellectual Property Organization (WIPO).
Patent act in India is more than 150 years old. The first Act was in 1856, which was based on the British patent system and it has provided the patent term of 14 years followed by numerous acts and amendment.
By: Priyank Kishore ProfileResourcesReport error
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