Governments must deepen their commitment to establishing an effective infrastructure to process and use intellectual property rights if intellectual property protection is to fulfill its potential.
We add value to our lives by stimulating progress through intellectual property. The role of intellectual property on the international stage will continue to grow.
It is imperative that every human endeavour that promotes the economic, social, scientific and cultural development of society is encouraged, and creators must be appropriately rewarded by providing legal protection to their intellectual creations. Hence, Intellectual Property Rights are the legal rights that govern the use of human creations.
The intellectual property law governs how mental work is created, used, and exploited. A third party cannot profit from what they did not sow, so it prevents them from becoming unjustly wealthy. Laws which protect some of the finer manifestations of human achievement fall under this category.
The plaintiff, in this case, is Toyota Jidosha Kabushiki Kaisha and they seek to prevent the defendant, a spare parts supplier by the name M/S Prius Auto Industries Limited, from the usage of the trademarks- “Toyota”, “Innova”, and “Prius”. According to the finding of the court, two of the three trademarks mentioned, namely Toyota and […]
Intellectual property rights create a situation in which the inventor or the creator enjoys full ownership and rights to commercial exploitation of his creation while everyone else is excluded. The justification is that such a creation, if it has material value, must benefit the creator while preventing others who would otherwise commercially exploit the concept […]
WIPO defines copyright as the right of creators to ownership of their creations and to make use for commercial or other purposes. Copyright today covers literary creations, printed material, computer programs, data, audiovisual media, dance, paintings and drawings, photographs, sculpture, architecture, ad material, technical drawings and others that are the outcome of intellectual effort. From […]