DMPQ: What are intellectual property rights? What is the need of IPR? List down the objective of IPR policy?

Intellectual property rights refers to the rights provided to the individuals or organisations pertaining to specific innovation or invention in products or processes for a certain period of time. They exist in the form of Patents, trademarks,Geographical Indications, copyrights etc

Need  of IPR:

  • To create an friendly envt. For innovation.
  • Facilitating access to knowledge.
  • Prevent Plagiarism
  • Prevent using it for financial gains
  • Support income generation strategy.

The objectives of IPR policies are as follows:

  • Establishment of an IP promotion and development council which would open IP promotion and development units in all states. . Single window system for promotion, awareness and utilisation of IP.
  • Creation of multi agency task force to coordinate between different agencies and strengthen the enforcement mechanism.
  • Recommends designation of specialised patent bench for early and swift disposal of cases.
  • Ist time patent fee waiver for MSME, bring utility models under IPR
  • Capacity and resource augmentation at the disposal of IPO’s to deal with the increasing number and complexity of IPR fillings in the country in a time bound and effective manner.



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