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What are intellectual property rights (IPRs)?

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What are intellectual property rights (IPRs)?

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Intellectual property rights are those rights which arise from the work created by human intellect such as a literary or artistic work, a process of inventing a particular product etc. These rights give exclusive right to the creators of such work to use, perform, transfer or sell these rights. The owners of these rights also have the right to initiate court proceedings against the persons using these rights without their permission and or authority. The rights basically extend to three categories that include trademark, patent and copyright which are all governed by following laws; a) The Trade Marks Ordinance, 2001.

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